Comments 2

  1. Hello Marc,

    Thank you very much for the detailed description on tax filing. I have a question related to dividend and interest from overseas accounts – I understand that there is 800 Euros exemption on code 1444/2444. Is this exemption only on dividends from overseas or is the exemption for both dividend from overseas and interest from foreign banks?

    Thank you!

    1. Post
      Author

      Dear Shriram,

      Thank you for your kind words.
      There are two exemptions :

      1. €980 for interest, if that is paid on a regulated savings account. That can be a Belgian regulated savings account or a regulated savings account in another Member State of the European Economic Area. However, the Belgian tax authorities are giving a restrictive interpretation to the term “regulated” and tend not to accept the exemption for non-Belgian savings accounts.
      2. €800 is for dividends, either from Belgian or from overseas companies.
        1. Belgian companies will have deducted tax at source at 30% and you have to claim back the tax.
        2. overseas companies pay the dividend without deducting any Belgian tax, you deduct €800 from the dividends received and you declare the rest in code 1444 or 2444.

Leave a Reply

Your email address will not be published. Required fields are marked *