Belgium publishes guidance on new CFC rules
Belgium’s tax authorities have issued two circular letters - Circular 2024/C/82 and Circular 2024/C/83 - on 13 December 2024 - providing clarity on specific aspects of the controlled foreign company (CFC) rules introduced in 2023. The amended
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Belgium: Revised investment deduction rules coming into force in 2025
Belgium’s Federal Council of Ministers has approved royal decrees to reform the investment deduction regime, introducing three categories of investments that are eligible for additional tax deductions, which go into force on 1 January
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Belgium proposes updates to DAC6, DAC7 rules
Belgium’s government has introduced a draft law proposing updates to the current regulations on the automatic exchange of information (AEOI) and related obligations. The draft legislation also outlines new penalties under DAC6 and DAC7. These
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Belgium, Liechtenstein conclude tax treaty negotiations
Belgium and Liechtenstein officials have concluded negotiations for a possible income and capital tax treaty on 27 November 2024. If a treaty results from the negotiations, it will be the first between the two countries. Any resulting
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Belgium consults Pillar Two supplementary tax form
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
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Belgium introduces tax measures for Flemish region
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
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Belgium postpones VAT declaration, payment reforms
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
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Belgium launches prepayment system for pillar two taxes
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
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Belgium updates transfer pricing documentation forms, filing requirements
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
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Belgium releases e-invoicing FAQs, compiles approved software list
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
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Belgium issues decree on new Pillar Two global minimum tax advance payments
Belgium’s Ministry of Finance published the Royal Decree of 7 July 2024 in the Official Gazette on 16 July, 2024. This Decree establishes the guidelines for companies to make advance payments towards the minimum tax under Belgium's Pillar Two
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Belgium publishes synthesised text of tax treaty with South Africa under BEPS MLI
Belgium’s Ministry of Finance has released the synthesised text of the tax treaty with South Africa providing clarifications regarding the impact of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and
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Belgium publishes synthesised text of treaty with South Africa impacted by MLI
The Belgian Federal Public Service Finance published on 24 June, 2024, a synthesised text in English of the 1995 Double Taxation Agreement (DTA) between Belgium and South Africa, detailing the impact of the Multilateral agreement to Instrument Tax
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Belgium extends deadline for initial Pillar Two registration notification
Belgium's Federal Public Service (SPF) Finance, in a notice on 2 July 2024, announced the deadline extension for the initial submission of the registration notification for the Pillar Two global minimum tax. The deadline has been extended until
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Belgium extends summer 2024 VAT deadline
On 11 June 2024, Belgium's Federal Public Service (SPF) Finance issued a release in which it announced extending the submission deadline for VAT declarations and their intra-community statements for the 2024 summer holidays. The new deadlines for
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Belgium issues royal decree on public CbC reporting details
On 6 June, 2024, the Belgian government released the royal decree of 18 April, 2024 (Dutch/French). It amends the royal decree of 29 April, 2019, regarding implementation of the Belgian Code for Companies and Associations (BCCA). The new decree
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Belgium publishes Pillar Two global minimum tax amendments
Belgium published amendments to the Pillar Two global minimum tax (GloBe) rules in the Official Gazette No. 2024004641, in Dutch and French, on 29 May, 2024. Earlier, the Belgian Chamber of Representatives, on 2 May, 2024, passed the law on
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Belgium announces deadline for first Pillar Two global minimum tax registration
Belgium's Federal Public Service (SPF) Finances, in a release, announced, on Wednesday, 29 May, 2024, the publication of the Royal Decree of 15 May 2024. It establishes new notification requirements for large multinational and domestic groups that
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