02 January 2018

Belgian Parliament adopts corporate tax reform

The corporate tax reform, announced during the summer, was adopted on December 22, 2017, by the Belgian Parliament. In addition to the gradual decrease of the corporate tax rate to 25% in 2020, the introduction of tax consolidation and the implementation of the European Union Anti-Tax Avoidance Directives (ATAD), Belgium will grant 100% participation exemption as of 2018. Furthermore, the Federal Government approved an additional draft to abolish the fairness tax, as well as a number of technical amendments.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0006

Document ID: 2018-0006