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Belgische Rijksdienst voor Sociale Zekerheid (RSZ) geeft gewijzigde administratieve instructies aangaande het loonbegrip

De Belgische Rijksdienst voor Sociale Zekerheid (RSZ) heeft begin september 2018 een nieuwe interpretatie van het loonbegrip gepubliceerd. Deze nieuwe interpretatie kan belangrijke gevolgen hebben voor internationale groepen.

De nieuwe beperkingen aan de aftrek voor risicokapitaal: werd het vroegere paradepaardje de facto gedegradeerd?

De hervorming van de aftrek voor risicokapitaal was bij het inmiddels veel besproken “Zomerakkoord” één van de (compenserende) maatregelen voor de tariefverlaging in de vennootschapsbelasting. De aftrek voor risicokapitaal werd uiteindelijk wel behouden, maar de berekeningsbasis werd aanzienlijk ingeperkt. 

Belgian corporate income tax reform – impact on deferred taxes

On December 22, 2017, the Belgian parliament approved the legislation implementing the corporate tax reform. It was published in the Belgian Official Gazette on December 29, 2017.

As the Belgian corporate tax reform has been enacted before December 31, 2017, companies will need to consider the new measures for the determination of their deferred tax position under IFRS or USGAAP for the reporting periods closed as of 31 December 2017.

CJEU decision on German participation exemption regime

On September 20, 2018, the Court of Justice of the European Union (CJEU) published its decision in the EV v Finanzamt Lippstadt case (C-685/16) concerning the compatibility of the German participation exemption regime applicable to dividends originating in third countries with the free movement of capital. The Court concluded that the German legislation is contrary to the free movement of capital.

European Commission decision in Luxembourg fiscal state aid case

On September 19, 2018 the European Commission issued its final decision in the State aid investigation into two tax rulings obtained from Luxembourg by McDonald’s (see the European Commission’s press release). The Commission concluded that the tax rulings issued by the Luxembourg Tax Administration to McDonald’s do not constitute State aid within the meaning of EU law.

Notional interest deduction rate for assessment year 2020: 0,726%

Following the corporate tax reform, the regime of the notional interest deduction was adapted. As from assessment year 2019, the deduction is calculated on the increase of equity over a period of 5 years, and more specifically, on the difference between the corrected equity at the beginning of taxable period X and the corrected equity at the beginning of taxable period X-5 (“in ...

Registre UBO: L'Arrêté royal relatif aux modalités de fonctionnement a été publié

L'introduction par la loi du 18 septembre 2017 de l'obligation de création d’un registre UBO permet d’identifier les bénéficiaires effectifs (en anglais, «Ultimate Beneficial Owners») des sociétés, associations et fondations, trusts et autres entités juridiques similaires belges.

UBO-Register: Royal Decree regarding the operating modes has been published

The introduction of the obligation to create the UBO-Register by the Law of 18 September 2017 allows to identify the ‘Ultimate Beneficial Owners’ (UBO) of Belgian companies, foundations, not-for-profit associations, trusts and other similar legal entities.

UBO-register: Koninklijk besluit betreffende de werkingsmodaliteiten gepubliceerd

De invoering van de verplichting tot het aanleggen van een UBO-register door de wet van 18 september 2017 maakt het mogelijk om de uiteindelijk begunstigden (de ‘Ultimate Beneficial Owners’) van Belgische vennootschappen, verenigingen en stichtingen, trusts en andere vergelijkbare juridische entiteiten te identificeren.

EU Finance Ministers discuss proposal on a Digital Services Tax

During an informal meeting of the Economic and Financial Affairs Council (ECOFIN) of the European Union held in Vienna on September 7 and 8, 2018, EU Finance Ministers discussed the recent European Commission’s proposal on a Digital Services Tax (DST). The Finance Ministers broadly agreed on the need to implement a DST, under the condition that it would be a temporary levy, i.e. the tax would only remain in force until agreement has been reached at the international level. The Austrian Presidency aims at reaching agreement on the technical details of the DST by the end of 2018.