Circular letter published on consumption cheques
As mentioned in our newsflash of 9 june 2020, the federal government has agreed that employers will be able to grant consumption cheques to their employees to support the sectors most affected by the corona crisis. On 22 October, the Belgian Tax Authorities have published an administrative guideline clarifying some practicalities for employers to offer
Update COVID-19 and cross-border employment: FAQ 17 June 2020
Currently, the COVID-19 health crisis seems to be under control within Europe, with some local lock-down measures being put in place and barring a potential second wave. So, if things continue to evolve in a positive manner during summer, it looks like employees might gradually be able to return to their regular (pre-corona) cross-border working
New measures for open-ended public undertakings for collective investment against the consequences of the COVID-19 epidemic
Summary The Royal Decree of 22 April 2020 aims to protect open-ended public undertakings for collective investment (“UCIs”) against the consequences of the COVID-19 epidemic and in particular protect the liquidity of such UCIs. UCIs that are confronted with redemption requests of their units have to sell, often at unfavourable prices, positions in their portfolios
