News

On 1 January 2022, a new tax regime came into force in Belgium for inbound employees, directors and researchers. The new regime provides for greater legal certainty (as opposed to the “old” ex-pat tax regime) for employers and qualifying employees/directors.…

Also important to take into account however are certain legal and tax considerations. For instance with regard to the payment of corporate income tax, corporate governance and obligations and liabilities under commercial contracts of your business. This comprehensive guide includes…

In October 2015, the Belgian government agreed on a “tax shift”, which was introduced as a means of decreasing the budget deficit and improving Belgium’s competitiveness in the labour market compared to its neighbouring countries.  The aim was to shift…

In March 2014, Belgium introduced new laws which will have an effect on the tax position of some Belgian non-residents.   Previously, non-resident taxpayers were not entitled to personal tax allowances unless they were: Non-residents who have an abode in…

Following an agreement between Belgian political parties to form a government a Tax Bill has been passed.  A summary of the main tax measures announced in these budgets, and which may be of relevance to CELIA Enews readers, are set…

On 31 May 2011, the Labour Court of Brussels has reconfirmed that stock options must be included in the calculation basis of the severance indemnity payment. Nature of the stock options The case concerned the character of stock options and…

On 9 May 2011 the 2011 list of daily allowances was published in the Belgian Gazette.  The new rates came into effect on 1 April 2011. Payments of the daily allowance made by employers to employees who undertake short business…

Welcome clarification of ‘qualified pension plans’ attracting relief from double taxation. The US and Belgium have signed an agreement on avoidance of double taxation of pension plans.  The agreement, which clarifies the plans benefiting from the treaty provision, was published…

The generally accepted position that such payments for the release of stock options should be treated as ordinary taxable income, except in some specific company restructurings, has now been revised following a recent tax ruling Facts Employees of a Belgian…

As a reminder, the Economic Recovery Act of 27 March 2009 (published in the Belgian Official Journal of 7 April 2009) provided for the possibility to extend the exercise period of stock options stemming from plans concluded between 1 January…