Belgium
Belgium
Americas
EU Parliament adopts controversial report on tax avoidance and evasion
Davide Anghileri of the University of Lausanne, Switzerland, writes that the EU Parliament endorsed a report March 26 that calls out seven member states for their role in facilitating aggressive tax planning and recommends countermeasures against the US should it fail to provide FATCA reciprocity . . .
Belgium
Belgium fairness tax system may violate EU law, court rules
Davide Anghileri of the University of Lausanne discusses a May 17 European Court of Justice decision finding that Belgium’s fairness tax system is incomparable with EU freedom of establishment concepts and the parent-subsidiary directive . . .
Belgium
Belgium’s excess profit tax ruling system: why the Commission thinks it’s illegal State aid
Professor Edoardo Traversa and Pierre Sabbadini analyze the EU Commission’s decision, made public May 5, that Belgium’s excess profit rulings tax scheme is illegal under State aid rules. . .
Belgium
Belgium
Asia-Pacific
India’s Cabinet approves Belgium/India tax treaty protocol
India’s Cabinet has today approved a protocol to its 1993 tax treaty with . . .
Belgium
EU Commission publishes decision concluding Belgium’s excess profits tax scheme is State aid
The EU Commission today published a non-confidential version of its decision that Belgium’s excess profits tax scheme is illegal under EU State aid rules. The Commission’s decision, first announced in a press release last . . .
Belgium
Belgium
New Belgian innovation income deduction regime adopted, qualifying IP rights include copyrighted software
Daniel Garabedian and Steven Peeters, of Liedekerke Wolters Waelbroeck Kirkpatrick, Brussels, discuss a Belgian law passed last week that modifies the tax incentives for multinational enterprises that derive income from intellectual property rights . . .
Americas
US, Belgium FATCA agreement enters into force
US Treasury has announced on its website that a Model 1 FATCA intergovernmental agreement (IGA), a supplemental . . .
Asia-Pacific
India-Belgium tax treaty protocol signed
India and Belgium today signed a protocol to their existing tax treaty to broaden the scope of exchange of tax information between the countries, India’s . . .
Americas
Belgium
Belgium’s “fairness tax” conflicts with Parent-Subsidiary Directive, EU court advisor argues
Belgium’s fairness tax is incompatible with the EU Parent-Subsidiary Directive, Juliane Kokott, Advocate General of the Court of Justice of the European Union (CJEU), concluded in an opinion issued today. Under a 2013 . . .
Belgium
EU court denies Belgium’s request to suspend State aid decision on excess profit tax ruling regime
The EU General Court of Justice on July 19 dismissed Belgium’s application to temporarily suspend an EU Commission decision that concludes that Belgium’s excess profits tax ruling system granted illegal State aid . . .
Austria
Africa
Asia-Pacific
Singapore agrees to automatic exchange of tax information with Belgium and Luxembourg
Singapore has signed agreements with Belgium and Luxembourg for the automatic exchange of financial account information, the Inland Revenue Authority of Singapore (IRAS) announced . . .
Americas
OECD publishes peer review reports on tax dispute resolution in US, Belgium, Canada, Netherlands, Switzerland, UK
The OECD has today published peer review reports that critique the tax treaty dispute resolution process of six countries: United States, Belgium, Canada, the Netherlands, Switzerland, and the United Kingdom. The peer review was conducted by the “Inclusive Framework on BEPS,” comprised of over 100 countries that have pledged to . . .
Belgium
The coming Belgian innovation income deduction: what to expect from the renewed R&D incentive
Daniel Garabedian and Steven Peeters of Liedekerke Wolters Waelbroeck Kirkpatrick, Brussels, discuss in detail the expected features of the Belgian government’s planned innovation income deduction regime, which would replace the patent income deduction regime . . .
Belgium
Belgium
EU Commission calls out harmful tax practices in Belgium, Cyprus, Hungary, Ireland, Luxembourg, Malta, Netherlands
The EU Commission took tentative steps toward reducing harmful tax competition among EU member countries today, publishing European Semester country reports that identify seven EU countries as potentially facilitating tax avoidance by multinationals. The Commission today also released a taxation paper detailing economic evidence that suggests that particular tax avoidance structures , , ,
Belgium
Asia-Pacific
Taiwan offers VAT refund to some foreign enterprises without fixed place of business
Taiwan’s taxation office announced Monday that foreign enterprises and other entities from specified countries that have no fixed place of business in Taiwan but engage in. . .
Belgium
Asia-Pacific
Japan, Belgium sign tax treaty
Japan and Belgium today signed a new tax treaty, Japan’s Ministry of Finance . . .
Belgium
Austria
Austria
EU finance ministers split on public release of multinational corporation tax data
Dutch finance minister and president of the Eurogroup, Jeroen Dijsselbloem, expressed support for a proposal that would mandate public release of country-by-country tax data on multinationals, while finance ministers from Malta, Belgium, and Austria . . .
Belgium
Australia
31 nations sign agreement on exchange of country-by-country transfer pricing reports
In an effort to provide their tax administrations with more tools to combat corporate tax avoidance through transfer pricing, officials from 31 countries today signed an agreement setting . . .
Belgium
Belgium: Fairness Tax struck down by Constitutional Court
Daniel Garabedian and Steven Peeters of Liedekerke Wolters Waelbroeck Kirkpatrick, Brussels, discuss the implications of a March 1 decision of Belgium’s Constitutional Court, which struck down Belgium’s Fairness Tax as unconstitutional, but also left the tax partially in place for a temporary period . . .
Africa
Belgium
Austria
Africa
Asia-Pacific
Japan and Belgium agree to terms of new tax treaty
Japan and Belgium have agreed to the terms of new tax treaty, Japan’s Ministry of Finance announced . . .
Americas
Belgium
