New Anti-Abuse Rules for Indirect Taxes
The bill introducing an annual tax on securities accounts also plans to introduce new specific and general anti-abuse rules applicable to all the indirect taxes ruled by the Code of Various Duties and Taxes. As regards the tax on securities accounts, these anti-abuse rules would retroactively apply as from 30th October 2020 so as to
Amendments to the Parent-Subsidiary Directive implemented under Belgian tax law
On 1 December 2016, a Bill was published in the official Belgian Gazette implementing into Belgian tax law two amendments to the Parent-Subsidiary Directive. The first amendment to the Parent-Subsidiary Directive aims at tackling situations which would result in ‘double non-taxation’ by introducing a rule against hybrid instruments. Under this new rule, dividends received by
