News Archive

Almost five years after the deadline for implementation (December, 25 2013), Belgian authorities are finally in the process of finalizing legislation in order to introduce a single application procedure that will allow non-EU nationals to obtain a single permit to live and work in Belgium.

Since the so-called 'VAT package' came into effect in 2010, the general principle is that transactions carried out in a B2B context must take place where the recipient of the service is established.

On 1 July 2016, the documentation requirement for transfer pricing was introduced in Belgium. The administrative fines range between 1,250 and 25,000 euros.

MT-CL & ASSOCIES SPRL shall henceforth partner with accountancy and audit firm, Vandelanotte.

Due to the BEPS action plan, which was approved by the OECD in 2015, almost all double taxation agreements will have to be modified. After all, this is recommended by four of the fifteen action points.

Europe has taken a new step in its fight against tax evasion and avoidance. In fact, European Ministers of Finance reached a unanimous agreement on 13 March 2018 regarding the introduction of a European Directive that makes the reporting of tax planning structures mandatory.

On 8 March 2018, a circular on the tax system with regard to Dutch state pension benefits was published. It lays out clearly how the Dutch pension in Belgium should be taxed after 1 January 2017.

Currently, Belgians with a second residence abroad are taxed differently and often more heavily than Belgians with a second residence in their own country. With this unequal treatment, Belgium is violating one of the basic principles of the EU: the free movement of capital.

On 1 March 2018, the Belgian Constitutional Court ruled that the fairness tax is unconstitutional. However, the specific consequences of the fairness tax are still effective for the assessment years 2014 to 2018.

On May 25 2018, the General Data Protection Regulation ('GDPR') will enter into force. This Regulation encapsulates the European legislation on the processing of personal data - in other words, it is all about privacy.

The world of taxation clearly never stands still. In addition to the current tax reforms in Belgium, significant fiscal shifts are also occurring across the globe.

On 5 December 2017, the European Council adopted new regulations concerning e-commerce. With this new step, the Council continues the further unification of the European market. Most of these regulations will take effect in 2019.

Payments to persons or permanent establishments located in so-called "tax havens" which exceed the threshold of 100.000 euros per taxable period must be reported via a separate form on the corporation tax return.

The Court of First Instance in Bruges ruled that the different tax rates in the coastal town of De Haan were also contrary to the principle of equality.

On July 10th, 2017, accountancy and audit firm, Vandelanotte, welcomed its 300th employee. A milestone for the company which has doubled its staff numbers over the past 10 years.

It is common for Belgian residents who have their career in Belgium to emigrate to France when they retire or when they approach the age of retirement. Often, they already have a second home that then becomes their main residence.

You live in the Belgian-Dutch border region, you work just across the border and intend to retire aged 65. You will receive a substantial pension pot from your employer's group pension scheme or pension fund.. But which country will tax you and at what rate?

Do you sometimes post workers to the Grand Duchy of Luxembourg? You will then be required to submit in advance an electronic declaration to the Luxembourg Labour Inspectorate.