Belgian Tax Reform

Tax has become increasingly complicated and connected, for both, companies and individuals. Taxpayers need to be aware of their (procedural) rights towards the tax authorities. Companies must act so that their people, policies and systems are in line with their extensive obligations. They need insight into the potential for future tax controversies to further align a centralized global strategy.

Governments are also automatically collecting and sharing taxpayers’ international information. Moreover, tax changes in one jurisdiction can now trigger changes for taxpayers across the globe either on personal or corporate (income) taxes.

The result is that tax controversy is evolving into a multidimensional, multi-country dynamic. Should disagreements arise, having resources that can act as a “bridge” between the tax authorities and the company is essential. Implementing a(n) (globally) integrated approach to tax controversy management is thus key.

The announced tax reform will include a series of procedural reforms intended to combat fraud, ensure legal certainty, improve the relationship with taxpayers and achieve an efficiently operating tax administration. These reforms will have an important practical impact. Therefore, our team closely follows up the new legislation, and can provide you with insights, including leading practices on implementing a globally integrated approach to tax controversy management.
 

The People & Reward team is a dedicated team, mostly focusing on remuneration strategies, reward and compensation, both local and international as well as HR transaction and transformation services, cross-border employment and labor cost management. The team supports clients on topics ranging from optimization/reduction of employment costs to the setup of compensation & benefits strategies. In addition, the team continuously updates and informs clients on legislative changes and innovations.

As the Belgian tax reform will include a number of proposed changes relevant to the HR & Reward agenda of an organization as well as to the employees' personal tax situation, the team is the excellent partner to advise you on the tax reform and its practical impact.

For more information about this topic, download our explanatory leaflet.