TMAS Newsalert - Archives

November 2011

Formation note Di Rupo: proposed Belgian tax measures

The formation Note of 4 July 2011 - used as a basis for the formation of the new Belgian government – contains various suggestions and proposals in the field of budgets, social and economic reforms, division of power etc. The Note also proposes various new tax measures, which are summarized below.

September 2011

• Due date when filing via BizTax
• How can you account R&D grants?
• Belgian patent income deduction meets with increasing success
• The Belgian Tax Mediation Service is off to a good start
• 309% Secret Commissions Tax strictly applied by the tax authorities

January 2011

• Payments to tax havens
• Notional interest deduction for assessment years 2011 and 2012
• Fuel expenses from 1 January 2010
• New opinions issued by the Belgian Accounting Standards Commission (‘ASC’)
  • Retention of books and vouchers (ASC opinion 2010/14)
  • Use of standardised accounting software by international enterprises (ASC opinion 2010/20)
  • Interpretation of the duty to disclose significant transactions with related parties not at arm's length (ASC opinion 2010-1)

June 2011

• Due date resident corporate income tax return
• BizTax replaces VenSoc
• Fee forms 281.50
• Shareholder Rights Act”
• ASC notice 2011/9