1. Tuesday, 01 September 2020

    The Transfer Pricing Law Review - Chapter 2: Belgium

    Although the arm’s-length principle, which forms the basis of the framework of transfer pricing rules, has had a long international history, it was only explicitly introduced into Belgian legislation in 2004. The Belgian legislature used the Organisation for Economic Co-operation and Development (OECD) Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations Guidelines (the OECD Guidelines) and the OECD Model Tax Convention as inspiration.

  2. Friday, 17 July 2020

    Are you leveraging from the available R&D tax incentives?

    Belgium offers a full range of tax incentives enabling companies to structure their R&D activities, as well as the valorization of the intellectual property (IP) resulting from R&D activities. This comprehensive R&D regime consists of tax deductions on qualifying IP income, deductions on R&D investments and (refundable) tax credits, cash savings from partial exemption from withholding tax for qualified researchers and full tax exemption of R&D subsidies. 

  3. Thursday, 16 July 2020

    Circular 2020/C/95 FAQ innovation income deduction published

    The Circular 2020/C/95/Frequently Asked Questions (FAQ) (Dutch version / French version) on the Belgian innovation deduction was published on July 8, 2020. The innovation deduction provides for a deduction of 85% of the net income from intellectual property (IP). This results in an effective tax rate of 4.4% (2019) and 3.8% (as from 2020) on the net income.

  4. Monday, 13 July 2020

    Detailed transfer pricing form in Belgium postponed

  5. Friday, 26 June 2020

    Prepare for detailed transfer pricing form in Belgium

    The filing date for the local file form (form 275 LF) as part of the mandatory transfer pricing documentation in Belgium is approaching for a large amount of Belgian entities that form part of a multinational group.

  6. Tuesday, 19 May 2020

    T/A economics welcomes Tine Slaedts as partner

    T/A economics is proud to announce Tine Slaedts joining as a partner. Tine brings a wealth of experience (+23 years) to the team.

    Tine Slaedts started her career at the Belgian ministry of finance as a tax inspector, and subsequently went into consulting at the Big4. Most of the T/A economics team members have worked together with Tine at EY Belgium, where she helped managing the transfer pricing practice in Belgium and also in South Africa for some time in a stint of almost 12 years. As from April 2013, until recently, she has been responsible for building the transfer pricing practice and team at BDO. 

    Tine Slaedts pasfoto nieuw

  7. Monday, 04 May 2020

    WTS Global Transfer Pricing Newsletter

    The first issue of the WTS Global Transfer Pricing Newsletter provides you with an update on the recent news and cases in the field of transfer pricing in 14 countries as well as an OECD update on Pillar 1.

  8. Friday, 17 April 2020

    Covid-19: Valuation challenges and opportunities

    That Covid-19 will have a significant impact on the financing of companies is quite clear (for more details on tackling financial distress, click here). While some businesses / sectors struggle with (minor) liquidity issues, others face more severe issues as the lockdown means a complete standstill to oppose the Covid-19-crisis, which might bring them in a situation of financial distress and render them insolvable in the end.

  9. Wednesday, 15 April 2020

    Tackling financial distress in times of corona

    Given that the stock market, as a leading economic indicator, anticipates economic turning points, the sharp decline and volatility over the last weeks of several stock indices globally, clearly indicates that the Covid-19 crisis will have a significant economic impact. It is, therefore, not unthinkable that (groups of) companies will find themselves facing pertinent liquidity issues that might even evolve into solvability issues.

  10. Wednesday, 26 February 2020

    NEWSFLASH: Belgian tax administration releases Circular Letter “Transfer Pricing”

    Yesterday, the Belgian tax administration published the Circular Letter “Transfer Pricing” (Circular Letter 2020/C/35). This document is the final version of the Circular Letter following the draft Circular Letter that was initially published on 9 November 2018, to which stakeholders were invited to submit comments (in two rounds, respective deadlines of December 2018 and June 2019).