Belgium has decided to reduce the rate of withholding tax levied on small- and medium-sized enterprise (SME) dividends from 25 percent to 15 percent; and it is a confirmation from The Belgian Prime Minister. In order to encourage entrepreneurs to strengthen the capital of their companies, the Belgium Govt. has taken this decision.
The Government and parliament decided to increase the rate of tax imposed on liquidation proceeds from 10 percent to 25 percent from 1 October 2014.
And, until then for existing reserves the 10 percent rate of tax will be applicable, under the conditions provided for by law.
