Archives with all news items

Global dealmakers experienced a challenging year in 2022.Global deal value declined by almost a third (31%) from US$5.82tn in 2021 to US$3.96tn in 2022. Despite all the headwinds, cross-border M&A has remained particularly relevant for businesses looking for opportunities to expand their technical capabilities and grow geographic reach.

When dealing with globally mobile employees, there are numerous questions to be answered from both a compliance as well as risk management perspective.
In our quarterly Global Mobility Newsletters in which our experts shine a spotlight on global mobility issues of interest to those operating internationally.

As a general rule, expenses incurred by a company in the context of its economic activity are deductible for tax purposes. For certain expenses however, Belgian tax legislation allows no deduction or a partial deduction for tax purposes. This table provides an overview of common expenses that are (partially) disallowed for corporate income tax and VAT for financial year 2023 (and related tax year 2024). 

The deadline for updating your company's bylaws to the new Company Code is approaching fast. Baker Tilly can guide you through this process so you can already tick off this obligation.

The Department of Registrar of Companies and Intellectual Property announced on November 28th that access to the Register of Beneficial Owners for the general public is suspended. This comes as a result of the landmark Judgement of the Court of Justice of the European Union (CJEE) in joined cases C-37/20 and C-601/20, of November 22 2022.

Op 6 mei 2022 lichtte de fiscale administratie haar visie op het nieuwe expatstatuut toe via een nieuwe circulaire 2022/C/47 over de regeling houdende invoering van een bijzonder belastingstelsel voor ingekomen belastingplichtigen en ingekomen onderzoekers.

In 2020, Belgium concluded an agreement with its neighboring countries (originally until June 30, 2020) regarding the taxation of home working days of internationally employed workers during the COVID-19 pandemic. The original agreements between Belgium and the neighboring countries has been extended until June 30, 2022.

As a general rule, expenses incurred by a company in the context of its economic activity are deductible for tax purposes. For certain expenses however, Belgian tax legislation allows no deduction or a partial deduction for tax purposes. This table provides an overview of common expenses that are (partially) disallowed for corporate income tax and VAT for financial year 2022 (and related tax year 2023). 

The program law of December 27, 2021 mentions a new regime for expatriates coming to Belgium. Under this new legislation, there is a Special Tax Regime for Incoming Taxpayers and a Special Tax Regime for Incoming Researchers. The social security authorities confirmed on February 7, 2022 that they will also grant an exemption for this regime.