The Belgian parliament adopted the draft bill to implement the EU Directive 2014/107/EU for mandatory automatic exchange of information, on 20 July 2017 and the bill was published in the Belgian Official Gazette, on 11 August 2017.
The Bill officially transposes Directive 2015/2376/EU, and Directive 2016/881/EU, into Belgian law whereby the text of these Directives is mostly followed.
The Directives relate to the mandatory and automatic exchange of cross-border tax rulings and advance pricing arrangements (APAs), which are broadly defined, as well as country-by-country (CbC) reports.
