Belgium’s Chamber of Deputies is reviewing draft legislation by the government on 27 May 2025 to implement tax reforms proposed in the government policy note.
Belgium’s Chamber of Deputies is reviewing a draft legislation presented by the government on 27 May 2025 to implement the tax reforms outlined in the government policy note of 24 April 2025.
This follows after Belgium’s five political parties agreed on a coalition government program on 31 January 2025, highlighting various tax reforms.
The government policy note presents key measures, including tightening conditions for the dividends received deduction (participation exemption), revising liquidation reserve rules and tax rates, extending the fictitious liquidation treatment of legal entity emigration to shareholders, and adjusting certain VAT rates.
Most provisions would take effect from 1 July 2025.
