On 19 April 2021, a draft law on diverse financial provisions (the “Draft Law”) was published. The Draft Law was adopted by the Parliament at the end of May. Amongst other things, it amends the Belgian AIFM Law to integrate the ELTIF fund status
On 18 May 2021, the European Commission issued a communication on “Business Taxation for the 21st Century”. The announcements made therein are expected to translate into actual legislative proposals in the next three years.
As mentioned in our newsflash of 21 April 2021, the text of the government declaration indicated that it was the intention to modify the tax treatment of company cars by 2026 and move to zero emission vehicles.
L’administration fiscale sait déjà beaucoup de choses sur les citoyens et une grande partie de ces informations est stockée dans un entrepôt de données (« datawarehouse »).
In the aviation sector, identifying "green" economic activities and projects is not an easy task. The European Commission has published Steer's study on the criteria to be taken into account when establishing which specific activities in the aviation sector could be beneficial to the environment.
The rapid spread of the coronavirus (Covid-19) leads to far-reaching measures at home and abroad.
On 12 May 2021, the General Court of the EU issued its judgments concerning the appeals brought by Amazon and Luxembourg, respectively ENGIE and Luxembourg, against the European Commission decisions of October 2017
In the pre-covid-19 era, data dumps were performed by the tax authorities during dawn raids at the premises of audited companies.
Be prepared for new reporting obligations & a major step towards administrative cooperation
Gentse Hof bevestigt : rechtzetting werkt fiscaal door, ook bij taxshelter-vergissingen!
