Belgium: Rules to calculate the notional interest deduction

05 November, 2013

The Belgian tax law is going to be amended to revise to the method of calculation of the notional interest deduction.

Responding a judgment of the Court of Justice of the European Union (CJEU), the Belgian tax rules are being amended. This judgment was related to the calculation of a notional interest deduction.

Other tax measures are also being changed:

Threshold for filing monthly VAT returns is increased to €2.5 million.
The minimum amount for VAT purposes to qualify as business assets the minimum amount is raised to €1,000.

Belgium

Like This

Follow @regfollower

«

Previous post
Transfer Pricing Brief: October 2013

Next post
Canada –Tax measures situation from Budget 2013

»

Belgium consults Pillar Two supplementary tax form

October 22, 2024

Belgium's Federal Public Service (SPF) Finance has launched a consultation on the proposed annual supplementary national tax return form. The supplementary national tax applies to in-scope groups starting their tax years on or after 31 December

Belgium introduces tax measures for Flemish region

October 04, 2024

Belgium’s new government agreement for the Flemish region includes various tax measures, which includes amendments to inheritance and property taxes. Under the new tax measures, effective in 2026, inheritance tax rates will decrease for small

Belgium postpones VAT declaration, payment reforms

September 20, 2024

Belgium announced several amendments to the Belgian VAT Code, which were introduced by the Law of 12 March 2024. The amendments were initially set to take effect on 1 January 2024, but have been postponed to 1 January 2025. The changes in the VAT

Belgium launches prepayment system for pillar two taxes

September 04, 2024

The Belgian tax authorities Federal Public Service (SPF) announced that the prepayment system for the Domestic Minimum Top-Up Tax (DMTT) and Income Inclusion Rule (IIR) top-up tax was activated on 2 September 2024. Taxpayers who prepay these

Belgium updates transfer pricing documentation forms, filing requirements

July 25, 2024

Belgium has published three new Royal Decrees of 16 June 2024 on 15 July, 2024, announcing revisions to the Local File Form (275. LF), the Master File Form (275. MF), and Country-by-Country Reporting (“CbCR”) Notification Form (275 CBC

Belgium releases e-invoicing FAQs, compiles approved software list

July 19, 2024

Belgium’s Federal Public Service of Finance (FPS Finance) released details about the forthcoming mandatory e-invoicing requirement on 11 July 2024. This e-invoicing obligation will apply for business-to-business (B2B) transactions, starting 1