Category: Andersen in Belgium
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New reporting obligation regarding corporate tax information
1. Who is required to comply with the reporting obligation? Since February 5, 2024, certain companies and branches are obligated to compile and disclose a report on income tax information. We will briefly outline below who must comply with this reporting requirement, and for whom exemptions may apply. 1.1 Stand-alone companies The reporting obligation under…
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Can the court refuse a notice of termination of a farming lease or limit its area?
Flemish Farming Lease Decree explained (Part 4) 1. Application for the validation of the termination When the landowner has given notice of termination to the tenant, the tenant must consent in writing. If the tenant fails to do so, the notice of termination will expire if the landowner does not apply for its validation within…
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Belgian tax authorities convicted (again) for double taxation of french dividends
1. What preceded For many years, private investors holding French shares faced double taxation on dividends obtained from these French shares. Initially, a French withholding tax is withheld at a rate of 12.8% (since 2018). Belgian withholding tax amounting to 30% is then also deducted from the balance. In this way, from a gross dividend…
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Changes of the rules for foreign workers on secondment as from 1 January 2022
The law of 27 December 2021 (called “Program Law”) finally laid down the legal principles for the tax status of those employees, company directors and researchers who can enjoy a special tax regime. The law introduces two new tax (favourable) regimes, namely a “Special Tax Regime for Incoming Taxpayers” (employees and company directors) and a…