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News 10th of January 2017 By Sven Loosvelt and Steffi Sioen

Changes to the dividends-received deduction and exemption from withholding tax on dividends

Changes to the dividends-received deduction and exemption from withholding tax on dividends
With the entry into force of the Belgian Act on Fiscal Provisions on 1 December 2016 (Belgian Official Gazette 8 December 2016), two new provisions have been introduced concerning the dividends-received deduction and the exemption from withholding tax on dividends. An anti-hybrid provision and a general anti-abuse provision have been introduced. Both measures are the result of amendments to the Parent-Subsidiary Directive (Directive 2014/86/EU of 8 July 2014 and Directive 2015/121 of 27 January 2015) and are intended to counteract tax abuse and tax evasion.

Anti-hybrid provision

Anti-abuse provisions

Entry into force

Disclaimer
We base our advice on current legislation, interpretations and legal doctrine. This does not prevent the administration from being able to challenge it or to change existing interpretations.
Sven Loosvelt
Sven Loosvelt
Steffi Sioen