Measures applicable from 2018 onwards (assessment year 2019) |
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Advantage |
Disadvantage |
– The basic tax rate decrease to 29% |
– Revision 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 |
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– Prepaid costs |
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– Increase of the tax base due to a tax audit |
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– Non-submission punished more severely |
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– Withholding tax on capital decreases |
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– Minimum remuneration |
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– Investment reserve disappears |
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– Late payment and moratorium interest |
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– Company cars |
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Measures applicable from 2019 onwards (assessment year 2020) |
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Transfer of assets to Belgium: ‘inbound transfers’ will be valuated at fair market value at the moment of transfer |
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Transportation ATAD Directives will be further transposed |
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Fiscal consolidation: a group contribution until the company group are related for at least 4 taxable periods. |
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Measures applicable from 2020 onwards (assessment year 2021) |
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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% |
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– CFC legislation |
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– Fake Hybrid cars |
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– Abolition of the exemtion for complementary and additional staff |
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– Prorata temporis depreciation for all companies |
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– MFI rate |
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