Draft bill of program law adopted by Belgian parliament

Posted on Updated on

In December 2016, a draft bill of program law was submitted to the Belgian parliament and it contains the tax measures, including an increase of the standard withholding tax rate on dividends, interest and royalties from 27% to 30%. The measures will apply from 1 January 2017.

Furthermore, the program Law contains further increase of the general withholding tax rate to 30% (currently 27%) as of 1 January 2017 and an increase of the withholding tax rate from 27% to 30% and an increase in the corporate income tax to 40% of the non-deductibility of expenses related to a company car (currently 17%).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s