- Income Taxes:
- Amendments to the Code of Income Taxes 1992, including specific provisions related to income tax deductions and the treatment of financial contributions under EU regulations.
- Adjustments to the tax treatment of rental income and benefits, particularly for properties leased by public housing agencies for social housing purposes.
- Inheritance and Succession Taxes:
- Changes to the Code of Succession Duties, including updates to the penalties for non-compliance with reporting obligations related to inheritance taxes.
- Provisions to allow for the individualization of penalties by competent judges.
- Miscellaneous Duties and Taxes:
- Revisions to the Code of Miscellaneous Duties and Taxes, addressing the administrative fines for non-compliance with reporting obligations and the conditions under which these fines can be imposed or waived.
- Registration, Mortgage, and Court Fees:
- Updates to the Code of Registration, Mortgage, and Court Fees, including the responsibilities of financial institutions, intermediaries, and platform operators regarding the collection and reporting of data for tax purposes.
- Provisions for the handling of data breaches and the suspension of information exchanges in case of violations.
- Excise Duties:
- Specific changes to the excise duties on manufactured tobacco products, including adjustments to the ad valorem and specific excise rates for cigarettes and other tobacco products.
- Implementation of a common excise rate with Luxembourg as part of the Belgium-Luxembourg Economic Union.
- Professional Withholding Tax:
- Confirmation and validation of royal decrees related to the professional withholding tax, including those affecting the calculation and application of tax rates on employment income.
- Financial Contributions and EU Compliance:
- Provisions related to the financial contributions required under EU regulations, particularly in response to the sanctions against Russia and the financial support for Ukraine.
- Ensuring compliance with EU directives, such as the directive on administrative cooperation in the field of taxation (DAC 6 and DAC 7).
These topics highlight the broad scope of tax-related issues addressed by the proposed legislation, aiming to update and align Belgian tax laws with current economic conditions and EU regulations.
Link: https://www.dekamer.be/FLWB/PDF/56/0532/56K0532001.pdf
