Tax on securities accounts 2.0 enters into force on 26 February 2021
26/02/2021

The law on the new tax on securities accounts 2.0 has been published in the Belgian Official Gazette on 25 February 2021. The tax on securities accounts 2.0 subjects securities accounts with a(n) (average) value of more than €1.000.000 to a tax of 0,15%.

For more details about the new tax on securities accounts 2.0 we refer to our newsletters of 18 February 2021, 7 January 2021 and 30 October 2020.

Entry into force

The annual tax on securities accounts (TSA) enters into force on 26 February 2021, the day following its publication in the Belgian Official Gazette. An exception is however made for the anti-abuse provisions that take effect as from 30 October 2020.

First reference period: 26 February 2021 – 30 September 2021

The TSA is due when the average value of the assets held in the securities account exceeds the amount of €1.000.000 during the reference period. In principle, the reference period starts on 1 October and ends on 30 September of the following year. Given the entry into force per 26 February 2021, the first reference period starts on 26 February 2021 and ends on 30 September 2021.

In principle, the average value is assessed on the basis of the value of the assets on 4 reference points. The average value for the first reference period will (exceptionally) be assessed on the basis of 3 reference points: 31 March 2021, 30 June 2021 and 30 September 2021.

Several questions about the application of the TSA are left unanswered. We will follow up on the developments and will keep you updated!

Related : Loyens & Loeff CVBA

[+ http://www.loyensloeff.com]


Click here to see the ad(s)
All articles Individual tax

Lastest articles Individual tax

Fin de la double imposition des dividendes français
13/04/2021

Fin de la double imposition des dividendes français: le Ministre des Finances confirme la possibilité d'...

Fin de la double imposition des dividendes français Read more

Foreign real estate now also taxed on the basis of cadastral income
31/03/2021

Following several convictions by the European Court of Justice, Belgium recently changed its legislation on the taxation o...

Read more

UBO-informatieplicht: jaarlijkse bevestiging noodzakelijk vóór 30 april 2021
24/03/2021

De UBO-regelgeving legt de verplichting op om jaarlijks de informatie die is opgenomen in het UBO-register bij te werken o...

Read more

Effectenrekeningen opnieuw onderworpen aan een jaarlijkse taks van 0,15%
19/03/2021

Op 26 februari 2021 is de nieuwe jaarlijkse taks op de effectenrekeningen ("JTER") in werking getreden.

Read more

LexGO Network