R&D wage withholding tax incentive – Mind the (expanded) formalism and prepare yourself!
Just like last year (see our earlier newsflash), the Belgian tax authorities have been issuing extensive and numerous tax audits with respect to the application of the wage withholding tax exemption for Research and Development. Please find hereafter some important key takeaways. Mind the formalism and be prepared to substantiate the incentive claimed! Mind the (expanded) formalism
Launch of new tax audits in 2017
The Belgian tax authorities have recently announced their new focus areas for upcoming tax audits. The aim is to encourage individuals and companies to fulfil their tax obligations ‘spontaneously’ and in a ‘correct manner’. Taxpayers may expect questions from the tax authorities or a tax audit may be triggered in relation to their personal income tax
The launch of tax audits in 2016
The Belgian tax authorities have recently announced their focus areas for upcoming tax audits in order to encourage individuals and companies to fulfil their tax obligations. As from 2013, the Belgian tax authorities started auditing certain individuals who are employed under the special tax regime for foreign executives in Belgium. When looking at the new
