On 31 October 2020, the Council of Ministers approved a draft bill introducing a new annual tax on securities accounts in the Code of Various Duties and Taxes (CVDT). The Council of State is being requested to give its opinion on the draft bill. The Government intends to submit the bill to Parliament by year-end.
By law of 7 February 2018, the legislator introduced a tax on securities accounts (“taks op de effectenrekeningen”/“taxe sur les comptes-titres”). Many petitions to annul this law have been introduced before the Constitutional Court. In its judgement dd. 17 October 2019, the Constitutional Court annulled the law (and thus the tax), but decided to maintain
In the Newsflash of 12 February 2018, we already made reference to the new rules regarding the Belgian tax on securities accounts. These rules have now been introduced by the Belgian law of 7 February 2018, which was published in the Official Gazette on 9 March 2018. In a nutshell, this new regime is a wealth