Recent Tax Changes

Journal
Michel, B.; Offermanns, R.H.M.J.
Belgium
European Taxation 2012 (Volume 52), No. 8
FormatPDF
EUR
40
| USD
45
(VAT excl.)

After a 541-day formation period, the new Belgian government was quick to introduce a number of tax measures to reduce the budget deficit. A first wave of changes was unrolled by the Law of 28 December 2011 and a second by the Law of 29 March 2012. This note describes relevant changes contained in these reforms in regard to personal and corporate income tax.