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Tax treatment of reimbursement of share capital by foreign companies: administrative guidance published
The tax administration recently published an Administrative Circular, which deals with the tax treatment of the reimbursement of share capital in the framework of capital decreases by foreign companies (Administrative Circular Ci.RH.231/602.851 (AAFisc./AGFisc N° 2/2012) of 10 January 2012, available on Fisconetplus).
Should Belgium amend its VAT rules for directors and members of a supervisory board?
Recently, the European Commission formally requested the Netherlands to modify its rules on the treatment of members of supervisory boards for VAT purposes so as to make the rules comply with EU legislation.
IFRS Outlook January 2012
In this issue: "Global Accounting Standards post-2011 - a way forward" and other subjects
2012 India attractiveness survey released
India is transitioning into the next phase of the growth cycle. Our second India attractiveness survey explores the implications.
Budget 2012: government agreement on a bill of program law with second batch of tax measures
The government agreed on a bill of program law containing a second batch of tax measures that were announced in the governmental agreement.

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