Latest news & developments
Annulment of the Fairness Tax by the Constitutional Court – Practice Note issued
For recall, on 1 March 2018, the Constitutional Court annulled the Fairness Tax but decided to maintain its effects for the assessment years 2014 to 2018, except in case of redistributions of dividends (see our newsflash in this respect). On 3 September 2018, the Belgian tax administration released a Practice Note commenting the content and
New NSSO position on benefits granted directly by parent company
In their newly published Administrative Instructions for the 3th quarter of 2018, the Belgian National Social Security Office (NSSO) included their adjusted position regarding whether or not a benefit attributed by a foreign parent company directly to the employees of a Belgian subsidiary is subject to Belgian social security contributions. This adjusted NSSO position applies
Are you ready for the API economy?
APIs are now much more than a middleware to connect different systems and applications; they represent the future of data management. Now is the time to rethink your entire data strategy towards more external information exchanges: the more open, the more beneficial it will be for your business.
Brexit news – UK Government publishes technical note on trade impact of a “no deal” scenario
UK Government publishes technical note on trade impact of a “no deal” scenario Although still confident that a deal will be reached, the UK government published last week several (on 80 expected) technical notes for a “no deal” scenario, of which one deals with the trade impact under a “no deal” scenario. Read the
Is your mobility strategy up to date?
The changing world of mobility In Belgium, cars are still the most frequently used means of transportation. Given the current tax and social security landscape, the company provided car is still a highly valued element in the reward scheme by many employees. Nonetheless, the landscape of the company car is changing with the upcoming new WLTP (Worldwide
The due date for both the Belgian corporate income tax return and the local form for assessment year 2018 is approaching: are you in control?
Corporate income tax return Belgian companies (and non-resident companies) have the yearly obligation to file a Belgian corporate income tax return within the statutory deadline. Filing a complete, timely and well-documented tax return is not only important to avoid penalties for not applying the correct tax treatment on a wide variety of expenses (and to
Belgian implementation of the UBO register
As mentioned in our previous newsflash of 19 July 2017, according to the fourth Anti-Money Laundering Directive (2015/849), adopted by the European Parliament on 20 may 2015, one of the obligations of all EU Member States was to establish a national register of ultimate beneficial owners (UBO) before 26 June 2017. Through the introduction of this
Update: VAT and immovable rent – as from 1/1/19
The final draft Law has been submitted to the Chamber of representatives on 31 July 2018. With entry into force foreseen for 1 January 2019, it is time for action. Check out our update (in Dutch and French) below. Update: btw en onroerende verhuur – nieuw vanaf 1/1/19 Het wetsontwerp is op 31 juli
