Skip to the content

Articles

Royal Decree setting the scale of fines in case of infringement of transfer pricing documentation obligations published

A. Administrative fines in case of infringement Taxpayers that fail to satisfy the reporting and filing requirements for transfer pricing documentation will be subject to administrative fines ranging from 1.250 EUR to 25.000 EUR, as from the second infringement (article 445, §3 Belgian Income Tax Code 1992 (“BITC”).   The Royal Decree clarifies the above and introduces the s ...