Tax audits – Partial wage withholding tax exemption for R&D
The Belgian tax authorities are again issuing tax audits with respect to the application of the wage withholding tax exemption for Research and Development over income year 2017. Extensive list of questions A few years ago, a similar wave of audits took place. Compared to the previous tax audits, we notice that the list of
Benefits granted by foreign companies: Reporting and withholding tax obligation – approved by parliament
We refer to our previous headline of 22 January 2019 regarding the draft law introducing a reporting and wage withholding tax obligation in the hands of Belgian employers/companies, in case affiliated foreign companies grant taxable benefits to employees or company directors working for a Belgian company. The draft law is now approved by parliament and the measures
Benefits granted by foreign companies: Reporting and withholding tax obligation – Amended timetable
In our headline of headline of 22 January 2019 we informed you about the fact that the parliamentary finance commission has approved the draft law introducing a reporting and wage withholding tax obligation in the hands of Belgian employer/companies, in case affiliated foreign companies grant taxable benefits to employees or company directors working for a Belgian company. Once
Benefits granted by foreign companies: Reporting and withholding tax obligation – Update
Based on the current Belgian income tax legislation, there is no obligation to withhold, deduct and pay wage withholding taxes when benefits are granted by foreign (parent) companies to employees and/or company directors of Belgian (subsidiary) companies, provided the Belgian company does not intervene in the attribution of the benefits and provided no costs are re-charged
FAQs and administrative guidelines on the partial exemption from the wage withholding tax in the framework of R&D
A partial exemption from the wage withholding tax for qualified researchers carrying out research and development activities is provided. In practice, there was a discussion about the conditions to apply this exemption. The wave of tax audits regarding the partial exemption from the wage withholding tax, more in particular in the framework of R&D, demonstrated that
