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06 December 2016

Belgian Government issues forms and filing instructions for final implementation of transfer pricing documentation requirements

During June 2016, Belgium introduced mandatory transfer pricing documentation and country-by-country (CbC) reporting requirements in accordance with Action 13 of the Organisation for Economic Co-operation (OECD) Base Erosion and Profit Shifting (BEPS) project. The requirements apply as of financial years starting on or after January 1, 2016. Through recently issued Royal Decrees, the specific forms and filing instructions have now been issued. The documentation and filing obligations apply to all Belgian entities (including permanent establishments) that are part of a multinational group and which exceed one of the designated thresholds.

A Tax Alert prepared by Ernst & Young Belgium, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-2065

Document ID: 2016-2065

 

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