Latest news & developments
Royal Decree confirms Peppol as default option for electronic invoicing
Starting on 1 January 2026, Belgium will implement mandatory structured electronic invoicing for most B2B transactions between Belgian established and VAT-registered businesses. Today, a Royal Decree was published formalising that Peppol will be the default method for issuing invoices. In detail The most important items included in the Royal Decree are the following: For transactions
New draft bill with respect to the taxation of capital gains realised upon the disposal of financial assets
The 10% capital gain tax As of January 1, 2026, as per the new (draft) article 90, 9° c) of the ITC 92, capital gains realised upon the disposal of financial assets -beyond the scope of a professional activity but within the scope of the normal management of the private estate – will be taxed
US House Advances the ‘One, Big, Beautiful Bill’ Bill to the Senate – This could have significant implications for Belgian and other non-US Companies with US presence and investment
On 22 May 2025, the US House of Representatives approved the “One, Big, Beautiful Bill” (OBBB). The Bill is now set for Senate deliberations which are expected to follow swiftly. The Republican majority aims to have the bill signed into law by President Trump before the July 4th recess. The legislation features permanent extensions and
ECGT Directive: Prove Your Sustainability Claims Are True!
The Directive on Empowering Consumers for the Green Transition (ECGT), adopted in February 2024, marks a key milestone in ensuring consumers receive relevant and accurate information about the environmental performance and characteristics of the products and services they purchase. It amends existing EU consumer protection laws to address misleading environmental claims and unverified sustainability labels.
Upcoming compliance due dates, be mindful of possible tax audit consequences
Belgian companies having a 31 December year-end should deposit their statutory BEGAAP financial statements with the National Bank of Belgium (“NBB”) at the latest by 31 July 2025. Late filing results in a number of negative consequences from a financial, director’s liability and corporate income tax perspective (see below). If the company’s statutory financial statements
The EU published the DAC9 amendments to the Directive on Administrative Cooperation in the context of Pillar 2
On 6 May 2025, the amendments to the European Directive on Administrative Cooperation (‘DAC 9’) were published in the Official Journal of the EU, following its adoption by the European Council on 14 April 2025. What is DAC9? The amendments contained in DAC9 allow the simplification of reporting for large groups with respect to Pillar
Belgian coalition agreement: Introduction of near real-time reporting by 2028
The coalition agreement of the Belgian federal government includes the introduction of a near real-time reporting obligation by 2028. This e-reporting requirement will be introduced alongside the mandatory B2B e-invoicing obligation, which will become applicable from 1 January 2026 for most transactions between Belgian VAT-registered and established businesses. These initiatives are part of a broader
6% VAT regime for DemolitionReconstruction projects: scope extended to investor sales
A revised VAT framework is on its way for demolitionreconstruction projects, introducing greater flexibility for developers and investors. What’s new The Government has confirmed that, under the demolition–reconstruction VAT regime, developers may now: Sell to a private individual who will use the dwelling as his/her sole and principal residence; and Sell to an investor (individual or
