Government measures in key jurisdictions 4th edition - Flipbook - Page 14
Belgium
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Federal Public Services Finance can foresee repayment schemes for existing fiscal debts for
businesses that find themselves in difficulties due to the Covid-19 outbreak. It applies to
withholding tax, VAT, personal income tax, corporate tax and legal entities tax.
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Deferment of VAT-declaration and intracommunal statements filing.
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Deferment for payment of VAT, personal income tax, corporate tax and payroll withholding tax.
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Amendment to the Tax Shelter regime.
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Federal Public Services Finance can foresee repayment schemes for existing fiscal debts for businesses
that find themselves in difficulties due to the Covid-19 outbreak. It applies to withholding tax, VAT,
personal income tax, corporate tax and legal entities tax.
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Deferment of VAT-declaration and intracommunal statements filing.
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Deferment for the payment of VAT, personal income tax, corporate tax and payroll withholding tax.
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VAT rate of 6% on the supply, intra-community acquisition and importation of protective equipment
from 4 May to 31 December 2020.
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Covid-19 virus should be considered as an exceptional circumstance justifying the exemption of a writedown on a trade receivable.
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Deferment for the payment of the special VAT declaration 629.
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Non-taxable telework compensation up to 129,48 EUR per month to cover costs like electricity and small
office supplies.
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The Belgian federal government introduced two optional powerful tax measures in response;
- carry back of tax losses of companies: deduct the loss of FY2020 from the taxable profit of
FY2019; and
- reconstruction reserve in order to improve the solvency of companies in the longer term.
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Exceptional teleworking measures for cross-border workers due to Covid-19 virus:
– the presence of cross-border workers Belgium – Luxembourg in their place of residence will
not be taken into account for the calculation of the 24-day period until 31 December 2020;
– the presence of French cross-border workers in their place of residence in France will
not be taken into account for the calculation of the 30-day period until 31 December 2020.
– the presence of cross-border workers Belgium – the Netherlands in their place of residence
due to Corona measures will not be taken into account until 31 December 2020; and
– the presence of cross-border workers Belgium – Germany in their place of residence due to
Corona measures will not be taken into account util 31 December 2020.
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For more information, please view here.
At the regional level: Flanders
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Assessment notes for property withholding taxes will be sent as from September 2020.
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Exceptional premium of 4000 EUR for companies that are obliged to close down completely.
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Road taxes: The payment period for companies is extended by 4 months.
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Extension of periods to meet tax obligations for inheritance tax and registration tax.
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Facilitating repayment plans.
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Additional period for municipalities to adjust surcharges on property tax.
For more information, please view here.
Government measures in key jurisdictions