The Belgian tax authorities recently published a circular letter (Nr. 2020/C/33, dd. 21 February 2020) that clarifies the tax exemption conditions for interest on (regulated) foreign savings accounts. This is relevant for anybody who is taxed in Belgium as a resident...

If you lived in Belgium in 2019 or you earned an income here, you will probably need to file a tax return soon to declare and pay tax on your earnings. The 2020 return will cover the period between 1.01.2019 and 31.12.2019. While the filing form itself has already...

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With the automatic exchange of information that involves the systematic and periodic transmission of ‘bulk’ taxpayer information by the source country to the residence country, we see it often that our clients receive a question for information from the Belgian tax...

Due to the recent Coronavirus outbreak, the Belgian government has put together some additional support measures to boost the liquidity of businesses and to insure their continued operation. While different measures have been taken for SMEs and self-employed...

Under the Non-Habitual Resident (NHR) tax regime, private individuals who move to Portugal and become a resident there, are entitled to significant income tax benefits, which are particularly of interest to high-net-worth individuals, those who perform high...

Belgian Constitutional Court abolishes Tax on Securities Accounts. The tax on securities accounts (TSA) was adopted back in February 2018. As a reminder, the TSA is a tax levied at a rate of 0.15% on the total value of in-scope securities held by Belgian individual...

Reduced dividend withholding tax under new Belgian Company Law. As widely announced and discussed, the new Belgian Code on Companies and Associations entered into force on 1 May 2019. The new law affects every Belgian company, non-profit association and foundation, as...

New tax exemption for Belgian and foreign dividend income. For some time already, interest income earned on ‘regulated’ (Belgian) savings accounts have been tax exempt up to €1,880 per taxpayer per year. Any amount earned above this was taxed at a reduced tax rate of...