Category News

Belgian companies currently pay a 25% corporate tax on their earnings (or 20% on the first €100,000 of taxable profit if they qualify as an SME), and an additional 30% withholding tax if they decide to distribute those after-tax profits…

The end of the year is almost there, which means that individual taxpayers in Belgium have about two weeks left to optimize their tax situation for 2021. With these tips, you can prepare now to save on taxes in 2022.…

If you employ staff in Belgium, you are normally liable for a 25% social security contribution on top of the gross salary. The employee’s gross salary itself is subject to a standard 13.07% deduction. Already for a couple years, new…

If you have worked or currently are working in Belgium, and pay into Belgian social security, you are entitled to a Belgian state pension when you retire. In addition to this, you might also have a complementary pension plan in…

Early October 2021, Hong Kong was added to the European Union’s ‘grey list’ of non-cooperative tax jurisdictions. This means that the EU considers Hong Kong’s territorial tax system to potentially facilitate tax avoidance or other harmful tax practices. The EU…

AIJA is the International Association of Young Lawyers and the only global association devoted to both lawyers and in-house counsel. It is committed to defend and take active part in promoting core legal principles, such as the rule of law…

With a significant increase in teleworking, the Belgian tax authorities want to get a clearer picture of the different reimbursements of expenses by employers to their employees. As an employer, you can choose between lump-sum or actual expense reimbursements. These…

For those who own real estate abroad: now is the time to submit your mandatory report. The deadline is on 31 December 2021.   If you are a Belgian tax resident and you own one or more foreign properties (irrespective whether they…

If you plan to file your Resident tax return for income year 2020 (tax year 2021) yourself, you should have normally done so already before 30 June (on paper) or 20 July (online via Tax-on-web). In case you missed the…

The Belgian and Luxembourg authorities have recently announced to further relax the so-called ‘24-day rule’. The new agreement will apply as from 1 January 2022 (tax year 2023). In general, Belgian tax residents who work in Luxembourg for a Luxembourg…