Cannot pay your taxes on time? Request a payment plan!
If you are unable to settle your entire tax bill within the first 2 months after you have received it, you can always request a payment plan to avoid further penalties.
If you are unable to settle your entire tax bill within the first 2 months after you have received it, you can always request a payment plan to avoid further penalties.
In their 2020 Annual Report, the Ruling Commission briefly mentioned that under certain conditions ‘mining’ crypto assets can be considered to generate business income. Miners receive cryptocurrencies as a reward
On 3 June 2021, the Constitutional Court ruled that Belgian inheritance tax law is discriminatory to the extent it allows a credit for foreign inheritance tax levied on foreign real
For a long time, US laws allowed for the creation of shell corporations that did not require to reveal their owners. One could easily open a company in states as
In the absence of a legal framework and a regulatory body controlling crypto assets in Belgium, we need to rely on the existing general tax and accounting principles. Considering the
The tax authorities have announced this week that the online filing system (Tax-on-web) for both the 2020 resident and non-resident tax return (income year 2019) will be closed on April
We recently announced that as from income year 2021 (tax year 2022) onwards, new rules apply to Belgian tax residents owning foreign real estate. Resident taxpayers need to report their
A referral bonus is an incentive given by a company to motivate its employees (or third parties) to recruit candidates from within their professional network. This practice is common among
In a decision of 15 September 2020 (Nr. 2019/AR/579), the Court of Appeal in Antwerp provides some further clarification on the concept of ‘tax relief’ as stipulated in the double
If you have an approved expat status, you are only taxed in Belgium on the salary earned for actual work performed in the country. Therefore, remuneration that relates to activities
The formal request for the expat tax status needs to be submitted to the tax office normally within 6 months as from the 1st day of the month following the
Although we have no formal banking secrecy, every bank in Belgium has a duty of confidentiality to its clients. To a certain extent, it is generally accepted that this duty
We have covered this topic already back in April 2018 and January 2019. On 12 November 2020, the European Court of Justice (ECJ) imposed a lump-sum fine of €2 million
To boost the economy and create a more attractive financial environment for companies, the Belgian Government has implemented so-called ‘target group reductions’ several years ago. It is a series of
While daycare costs can entitle you to a personal tax deduction of up to 11.20 € per day and per child, this is normally not the case when hiring a
On 9 July 2020, the Belgian tax authorities published an administrative letter (Circular Nr. 2020/C/96) in respect to foreign investment and savings income, stating that when Belgium taxes this type
The Belgian Federal Parliament has recently published a new bill (labelled ‘CORONA III’) regarding several urgent tax-related measures because of COVID-19. The draft contains various initiatives covering a wide range
Following Brexit, immigrants from mainland Europe will face significant procedural changes to their future situation. This is the aftermath of the EU freedom of movement coming to an end in
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Da Vincilaan 1
B-1930 Zaventem
+32 2 801 13 63
Markgravelei 30 / 201
B-2018 Antwerpen
+32 3 304 82 89
Da Vincilaan 1
B-1930 Zaventem
+32 2 801 13 63
Markgravelei 30 / 201
B-2018 Antwerpen
+32 3 304 82 89