August 2022 – At the beginning of July 2022, the Information Centre for Company Auditors (ICCI) gave its opinion on whether an audit report should be drawn up on the contribution in kind made in connection with a silent partial demerger. ICCI's conclusion? A change in… ➤

August 2022 – The legislator supports the anchoring of the family company in the family by means of special advantageous tax regimes applicable in the event of donation and death. The continuation of these advantageous regimes is dependent on… ➤

August 2022 – The proportion of your income that is exempt from tax depends, among other things, on the number of dependent children. Children with joint custody are dependent on both parents. The tax-exempt portion of your income is divided equally between the... ➤

July 2022 – In the case of a contribution, a merger or a demerger, it is not unusual for the parties to set a specific date for the valuation of the transaction, to agree on various arrangements afterward, and for the contract to be signed several months later. How… ➤

July 2022 – At the end of 2020, the legislature increased the standard investment deduction rate from 8% to 25% for capital assets acquired or established between March 12, 2020 and December 31, 2022. This makes the standard rate higher than the "enhanced… ➤

July 2022 – The deductibility of business expenses related to vehicles will undergo many changes over the next few years. Cars powered by fossil fuels will cease to be deductible. Electric cars, on the other hand, will remain tax-deductible. To encourage... ➤

July 2022 – If an employee incurs expenses at the request or for the benefit of his employer, the employer will in principle reimburse these expenses. These "employer's own expenses" are not taxable for the employee and are normally deductible for the employer. ➤

July 2022 – Capital gains on shares can be exempted from corporate income tax. One of the conditions for this exemption is the minimum participation requirement. If you sell the shares in bundles, there will be a point where you will no longer meet this... ➤

July 2022 – In the Flemish Region there is a special tax regime applicable to the transfer of a company, either by donation or following a death. According to the tax authorities, this preferential regime is not applicable when there are also private assets in the.... ➤

July 2022 – If the company incurs an expense that benefits the corporate officer, this expense may be considered as remuneration for work performed in accordance with the remuneration theory. Under certain conditions. The Antwerp Court of Appeal recently… ➤

July 2022 – Construction work is subject to VAT at the standard rate of 21%. There are a few exceptions to this rule, such as the conversion of an old house, where the rate is 6%. At the end of April 2021, an exception was added to the list: the demolition and… ➤

July 2022 – The concept of "outbuilding" is sometimes used in matters of registration and inheritance tax. In this case, it is a construction that is an accessory to the main building. But when does a building cease to be an accessory and become separately tax... ➤

July 2022 – If you offer the possibility to order goods or services on your website, you must warn the consumer that he has an obligation to pay as soon as he presses the order button. If you do not respect this information obligation, you not only risk a fine... ➤

June 2022 – In addition to the ordinary social security contributions, employees are subject to a special social security contribution (BBSZ/CSSS). As part of the mini-tax-shift, the government has decided to abolish this BBSZ/CSSS. But this will be done gradually. For the time being, we will have to make do with a reduction. ➤

June 2022 – A law of 20 March 2022 transposed two directives into Belgian law. These directives make important changes to consumer law with regard to the sale of goods with digital elements on the one hand, and the sale of digital content and digital services on the other. As this is a European initiative, the new rules apply throughout Europe, but not outside Europe. ➤

June 2022 – The time for the annual tax return is approaching. Although many items are already completed, it is still a tedious exercise. Some tax regimes have been abolished, but continue to apply for the past, while new ones have been added. All of this means that the declaration becomes a little more complex every year. ➤

June 2022 – On 3 April, the Flemish Tax Administration (Vlabel) launched the new "ERFonline" application. ERFonline allows you to complete and send an inheritance declaration online. A major step forward. ERFonline is one of the platforms for exchanging information with the public authorities. You can access it… ➤

June 2022 – Sanctions and fines are generally not deductible. Not even if they are related to the professional activity. This non-deductibility was introduced in order not to dilute the effect of the sanction. Transactions, however, seemed not to be subject to this rule. But things change in 2022. The non-deductibility of fines is described as… ➤

June 2022 – The Companies and Associations Code (CSA) provides that limited liability companies (BV/SRL) may provide in their articles of association for the possibility of resignation and exclusion. The Commission des normes comptables (CBN/CNC) has now commented on the accounting treatment of the resignation… ➤

June 2022 – As part of the social agreement of 2021, it was agreed to increase the number of voluntary overtime hours that could be worked without extra pay from 100 to 220 in all sectors. The additional 120 hours of voluntary overtime are known as stimulus hours. You can still use them until the end of 2022. Although applicable since 1 July 2021, this social agreement was not cast… ➤