Substance is not a safe harbor. The entire chain is relevant. No presumptions: the burden of proof lies with the tax authorities. The knowledge of the distributing company is irrelevant.

A useful global summary.

The exit tax is a mechanism that allows Belgium to tax unrealized capital gains on certain assets at the time a taxpayer, whether a company or an individual, moves abroad.

The standard tax audit and assessment periods have been simplified and shortened following their extension in 2022. Instead of four different periods ranging from 3 to 10 years, the new framework provides for only three, ranging from 3 to 7 years. The changes apply retroactively, effectively rolling back the 2022 extensions.

The law of April 6, 2026, introducing a capital gains tax on financial assets raises important practical questions regarding dispositions that include an earn-out clause. Three major issues—identified during the legislative process—are the subject of ministerial clarifications.

The law of April 6, 2026, introducing a tax on capital gains on financial assets was published in the Belgian Official Gazette on 21 April 2026. It sets out four methods for determining the historical value of unlisted financial assets as of 31 December 2025 (Article 102, §4, 2°, of the Belgian Income Tax Code 1992, "ITC 92"). This newsletter examines the clarifications provided by the preparatory works on the practical application of these four methods.

La déductibilité des frais liés aux stock-options et warrants est mise sous pression. Une attention particulière est requise dans le cadre de la rédaction de la documentation.

A partir du 1er janvier 2025, de nouveaux formulaires sont applicables en matière de prix de transfert. Cela concerne le fichier local, le master file et le CbCR.

Le Service des décisions anticipées, en charge des rulings en Belgique, a publié son rapport annuel 2023. Morceaux choisis.

A married couple may reside in two different states. This was confirmed by the Advance Ruling Service in a ruling published at the end of 2023...

La fiscalité applicable aux revenus de crypto-monnaies n'est pas intuitive. Ces revenus sont toutefois soumis au régime ordinaire de l'impôt des personnes physique. Etat des lieux de la situation...

La procédure fiscale applicable aux entreprises en difficulté a été amendée fin 2023. Il existe désormais de nouvelles possibilités de réorganisation, mais également de nouvelles conséquences fiscales...