Recently, there have been rumours about possible changes to the special tax system for foreign executives in Belgium, creating some uncertainty around it.
From the privileged contacts PwC has with the tax authorities, it appears there is no intention to change the special tax system as such but rather that the Finance Cabinet is open to discuss on possibly updating this system, which is based on the 1983 Practice Note.
The aim of the update would be to bring the Practice Note to date so as to better match the 2016 global economic context and to further simplify its application.
In this context, the Finance Cabinet is planning to organise a brainstorming session together with the tax consultants who are involved in the application of the special tax system on a daily basis.
We will of course keep you posted as soon as we have additional news.