8/2019: LIMIT BELGIAN TAX ON HOMES ABROAD

More and more Belgians now own a second home abroad. This comes with a fiscal price tag attached, thanks to the obligation to declare the (potential) gross rental value of real estate in the Belgian personal income tax return. This spring, however, taxpayers received ‘good’ (?!) news from the European Court of Justice, which found Belgium guilty of discrimination with Belgian-owned property. Read More

06/2019: CAN YOU EXPECT A TAX INSPECTION THIS YEAR?

Every year, the Belgian Federal Public Service (FPS) Finance provides transparent communication about a number of planned and current inspections. The aim of this announcement policy is to encourage taxpayers to meet their fiscal obligations correctly. Target groups that run a higher risk of inspection or of being asked to provide further information are identified for both individuals and businesses. Read More

02/2019: NEW CORPORATE LEGISLATION PASSED!

On Thursday last week (28 February 2019), new corporate legislation was finally passed in the Chamber. The new Belgian Code of Companies and Associations entails a major reform. On the one hand, legislators intend this new legislation to modernise and simplify Belgian corporate law and to make it more flexible. On the other, they want it to make Belgium more attractive to companies as a location for their registered office. Below we summarise the most important changes for you:

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02/2019: ROYALTIES, ALTERNATIVE REMUNERATION?

Why copyright is so interesting
Copyright income, or royalties, of up to 61,200 EUR/year is treated as “movable” income, even if it is linked to your professional activities, and is only subject to 15% withholding tax, after the application of a lump sum expense deduction. The lump sum expense deduction amounts to 50% of the income from copyrights up to 16,320 EUR/year and 25% of income from 16,320 EUR to 32,640 EUR/year.

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02/2019: RIGHT MOMENT TO INVEST?

Are you planning to make certain investments in your company in the short or medium term? Then it might be interesting to bring these investments forward to 2019. Below, we briefly set out a few reasons for possibly making these investments in 2019.

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