What does the taxman want to know about my overseas property

The Belgian tax authorities have given in to the ECJ. Now they want to give a cadastral revenue to your overseas properties. Need some help? After the European Court of Justice ordered Belgium to change its rules on the taxation of overseas properties and to pay a penalty of €2 million and a daily payment of €7,500 (for prior coverage see here). Finance Minister Vincent ...

The new expatriate tax regime

Belgium replaces Expatriate Tax Regime by Impatriate Tax Regime Next year, Belgium will phase out its expatriate tax regime and introduce an impatriate tax regime. That will simplify the advantageous tax regime for This webinar will set out the conditions and benefits of the new tax regime for impatriates. The new regime will simplify the procedure and the tax benefits, a simple allowance of 30% ...

The art of giving

n Belgium, one way of planning one’s estate is to make gifts during one’s lifetime. If gift tax is paid, no further inheritance tax will be due. Gift tax is due on all gifts before a notary. However, it is not obligatory to make gifts of movables before a notary. Hand-to-hand gifts and bank gifts are valid and exempt of gift tax. Nonetheless, the donor ...

Estate planning without children

When you do not have any children, estate planning gets a bit more complicated When we think of estate planning, we think of a family with two parents and two children. The reality is often quite different. The inheritance tax rates for siblings, nieces and nephews, or family friends are easily twice the rates for children and parents. How can we make our estate planning ...

The art of writing a tax-efficient Will

A Will is a useful tool for tax planning, in fact, it is the first and last tool for tax and estate planning. Getting the Will right is important. Since no inheritance tax is due on the family home between husband and wife and between registered partners, it can be advantageous to leave the family home in full to your spouse or partner. But then ...