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
Federal Public Department Finance launches new centres for ‘large companies’
‘Large companies’ The Belgian government has changed the way tax audits and dispute resolution for large companies are being organised. More in particular, 7 new centres for ‘large companies’ and a centre for ‘large companies management and specialised tax audits’ are set up as from 1 July 2015. 7 centres for ‘large companies’ The 7 new
Belgian tax authorities announce tax audits
The Belgian tax authorities prefer to communicate in an open way on how they make the selection of taxpayers that can be subject to a tax audit. Just like in previous years, the Belgian tax authorities have in this framework announced their focus when making selecting taxpayers for 2015 that will be subject to a
Belgian tax authorities initiate new wave of transfer pricing audits
The Belgian tax authorities have initiated a new wave of transfer pricing audits, similar to those initiated in 2013 and 2014. Multiple taxpayers have already received or will receive in the next few days an in-depth questionnaire that focuses on their transfer pricing arrangements. The request for information on intercompany transactions and activities of the
Tax authorities target foreign source professional income
If the relevant double tax treaty allocates the right to tax employment income to another state, the income will in principle be exempted from taxes in Belgium. However, for tax residents of Belgium, foreign source professional income still needs to be reported in the Belgian personal income tax return and an exemption (with progression reserve)
