Belgian corporate income tax reform brochure
Belgium enacted a major corporate income tax reform via the Corporate Income Tax Reform Act of 25 December 2017. Highlights of the reform include amongst others the reduction of the corporate income tax rate, a revision of the calculation of the notional interest deduction, the introduction of a minimum taxable basis and a tax consolidation regime, changes to the Belgian holding regime and procedural changes to ensure tax compliance.
However, the corporate income tax reform Act was rushed through Parliament and therefore needed some improvement. Various measures, for example in relation to the implementation of European Anti-Tax avoidance Directive (ATAD), have therefore been retroactively modified via the Act of 30 July 2018.
For an integrated overview of the corporate income tax reform, reference is made to our brochure.