You ask, we answer Based on five specific questions, we are bringing the same number of different themes to your attention. Not randomly, but based on the questions that we have recently received from our clients. Many Belgians have a second residence or property that they rent out as an investment. At present, the tax treatment of this property is quite advantageous. But we expect the imminent tax reform to change that. The blueprint that was put [...]
Teleworking from abroad Tax and legal consequences and risks Charlotte Van Braeckel, Senior Consultant BDO Legal, Nancy Slegers, Partner BDO Tax Teleworking from abroad is becoming more and more common. However, you should ask yourself what the rules are. Can it be regulated, and what are the risks for both the employer and the employee from a tax, legal and social law perspective? In our globalised world, ever more employees are working [...]
The reconstruction reserve Is your company eligible? Bart De Neve, Senior Consultant, Bart Janssens, Senior Manager BDO Tax The government has already introduced a lot of measures to help curb the severe economic impact of the COVID-19 pandemic. On the fiscal side, for example, there is the reconstruction reserve – a measure to support not only small but also large companies in restoring their solvency position. Is your company eligible for this support measure? Companies [...]
All about the ‘carry back scheme’ Tax support promotes solvency during the COVID-19 crisis For many entrepreneurs, the coronavirus crisis is having a significant impact on their financial forecast for the current financial year. To avoid needlessly increasing costs, the government has launched the so-called carry back scheme. This is an early loss deduction for corporate, personal tax and non-resident income tax (companies/natural persons). Let us explain. Authors: Amber Van Landeghem, Advisor, Liesbeth Debusschere, Manager BDO [...]
Do's and don’ts of the group contribution scheme, or tax consolidation The so-called Summer Agreement of 2017 on corporate tax reform introduced the group contribution scheme. Belgian legislation hereby gained a tax consolidation system, albeit in limited form. Author: Mady Francken, Senior Advisor BDO Tax Profit transfers The group contribution scheme centres on the idea of a profitable company within a corporate group transferring all or some of its profits to an affiliated company that [...]
