New Administrative Circular regarding the Belgian Tax on Savings Income – Asset Test and BTIS computation in case of funds of funds
On June 10, 2021, the Belgian tax administration has issued the Administrative Circular number 2021/C/56 regarding the Belgian Tax on Savings Income (“BTSI” hereafter – article 19bis of the Belgian Income Tax Code). Circulaire 2021/C/56 – French Circulaire 2021/C/56 – Dutch The main objective of the above-mentioned circular is to highlight methodological points regarding the
Belgian Tax on Savings Income (art. 19bis BITC): important clarification from the Minister of Finance for certain AIFs
In answer to a recent parliamentary question, the Minister of Finance has shared his view on the extension of the scope of the Belgian Tax on Savings Income (art. 19bis BITC) to certain AIFs. According to him, if they were acquired before 1st January 2018, units of funds which hold investments that are not sufficiently
