Archives with all news items

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.

As the global economy continues to recover into the third year of the COVID-19 pandemic, the market for M&A is maintaining its upward momentum, with no signs of slowing in 2022. At its close, 2021 was a year for the record books: US$5.9tn in deals, a 62% lift from 2020 and the highest value amount in more than a decade. The report ‘Global dealmakers 2022’ drills down into the details of last year’s M&A markets and explores whether 2022 has what it takes to match one of the biggest years on record.

In 2021, Baker Tilly Corporate Finance has been involved in 164 transactions from our offices in the Netherlands and Belgium, with a total transaction value of € 205 million. Our advisors have been involved in 44 M&A transactions, 83 valuations and 23 due diligence investigations and 14 financing.

The recipe for fast-growing companies has long relied on a mix of ingredients — geographic expansion, for example, coupled with operational improvements and new management. But for investors and dealmakers looking to spur companies on to growth in the rocky recovery from COVID-19, there’s one ingredient that matters more than all others: digital transformation.

There are less than two weeks left until the new EU VAT laws come into effect for e-commerce businesses trading into Europe. Radical changes on 1st July are a further challenge for UK businesses already reeling from Covid-19 restrictions, post-Brexit administrative burdens and international supply chain issues.

In today's market, globalisation is here to stay. However, the reasons why the step to globalisation is taken vary from company to company. Our experts regularly guide companies through international growth projects.