group contribution Archives

22 11, 2021

The reconstruction reserve
The reconstruction reserve

The reconstruction reserve

November 22nd, 2021|To The Point|

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’

October 28th, 2020|To The Point|

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

October 28th, 2020|To The Point|

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 [...]