Measures applicable from 2018 onwards

Measures applicable from 2018 onwards (assessment year 2019)
Advantage Disadvantage
РThe basic tax rate decrease to 29% РRevision of the notional interest  deduction scheme
– Crisis contribution 2% – Minimum tax
– SME benefit from a 20% tax rate on the first tranche of EUR100.000 – Capital gain on shares
– Non-spread investment deduction rate to 20% – Adoption of a fiscal matching principle
– 100% Dividend received deduction – Limitation of provisions for future expenses
– Prepaid costs
– Increase of the tax base due to a tax audit
– Non-submission punished more severely
– Withholding tax on capital decreases
– Minimum remuneration
– Investment reserve disappears
– Late payment and moratorium interest
– Company cars
Measures applicable from 2019 onwards (assessment year 2020)
Transfer of assets to Belgium:¬† ‘inbound transfers’ will be valuated at fair market value at the moment of transfer
Transportation ATAD Directives will be further transposed
Fiscal consolidation: a group contribution until the company group are related for at least 4 taxable periods.
Measures applicable from 2020 onwards (assessment year 2021)
Advantage Disadvantage
– The basic tax rate decrease to 25% – Car costs
– No crisis contribution – Secret Commissions tax
– SME benefit from a 20% tax rate on the first tranche of EUR100.000 – Debt discounts for non-amortisable assets
-Converting tax-exempt reserves into taxed reserves – The declining depreciation of assets will be abolished
– Fiscal consolidation – Notional interest dededuction 30%
– CFC legislation
– Fake Hybrid cars
– Abolition of the exemtion for complementary and additional staff
– Prorata temporis depreciation for all companies
– MFI rate