High net worth individuals on the radar of Vivaldi!
One of the measures announced by the newly formed government (“the Vivaldi coalition”) is the taxation of the major financial transactions (“MFTT”). Although only the main principles of this tax are known at this stage, the purpose would be to tax high net worth individuals. The impact of the tax is estimated between 150 to
New Flemish Government – Coalition Agreement (2019-2024): Anticipated tax changes for individual persons
On 30 September 2019, the new Flemish coalition agreement was finally announced (read the full text here). Below, you can find an overview of the most important anticipated changes from a personal income tax point of view. For an overview of the gift and inheritance tax measures, we refer to our newsflash of 3 October