Latest news & developments
End of the “old” special tax regime for expatriates: key changes starting January 2024
As of January 2024, the special tax regime applicable to certain expatriates in Belgium under the administrative tolerance (i.e. Circulaire n°Ci.RH.624/325.294 dd august 08.1983) has come to an end. If you are an expatriate who was in scope of the ‘old’ special tax regime until the end of December 2023, it is crucial to understand
Arm’s length character of interest rates on intercompany loans
In recent years, the Belgian Tax Authorities (BTA) have intensified their focus on the (intercompany) financing arrangements of MNE groups. Some recent Belgian case laws offer valuable insights into the approach that the BTA and the Courts adopt when assessing the arm’s length character of intercompany financing conditions. Stay informed and adapt strategically! Judgment of
Charging the company car at home – new clarification on the tax treatment of the cost reimbursements
Introduction The shift to electric cars has proven to bring its share of challenges for HR and fleet managers responsible for a Belgian company car fleet, as many new practical considerations arise compared to the context of a “classic” combustion engine car fleet. But also for tax professionals, this still relatively new concept has raised
Deadline for first DAC7 reporting now imminent
DAC 7 recap In previous alerts we informed you that the DAC7 reporting obligation impacts various digital platforms operators. The scope of this obligation relates in a broad sense to platforms (any software, including a website, application, and so forth) that facilitate, directly or indirectly, the connection between sellers and buyers for the carrying out
Navigating the evolving “De Minimis Regulation”: recent changes and future expectations
In the dynamic landscape of state aid, the De Minimis regulation has been put in place to ensure a fair competition between enterprises across the European Union. However, significant updates to the regulation have recently been made. Looking at the future, such changes promise to reshape how companies navigate this important aspect of state aid.
CBAM – Calculation methods for the embedded emissions
The specific embedded emissions of goods produced in an installation are determined according to one of the following methods (Article 4(1) CBAM Implementing Regulation): a determination of the emissions from the source streams based on activity data obtained from laboratory analyses or standard values using measurement systems and calculation factors; or a determination of the
Circular letter relating to the settlement of cross-border tax disputes in the European Union
On 1 December 2023, the Belgian tax authorities issued a circular letter (2023/C/95) relating to the settlement of cross-border tax disputes in the European Union. This circular letter provides clarification to help overcome the difficulties that may arise in the interpretation or application of the law of 9 May 2019 implementing Council Directive (EU) 2017/1852
Countdown Alert! The 1st CBAM Report deadline is less than 20 days away
Take a moment to assess your organisation’s reporting readiness! – Ensure which (all) of your entities need to report before the deadline. – Verify that you have access to the EU CBAM Reporting (CBAM Transitional Registry) for all of your reporting entities and the person(s) responsible. – Manage a base-level data for reporting so you
