End of Tax on Securities Accounts

On October 17, the┬áBelgian Constitutional Court┬áruled that the tax on securities accounts is unconstitutional (Decision 138/2019). For budgetary reasons the court did not make the decision retroactive and taxpayers must still pay the tax for 2018 and 2019. Individuals who own certain financial instruments on one or more securities or brokerage accounts must pay the tax if the average value …