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Belgian Government Reaches Agreement on 2017 Budget Tax Measures

|Proposed Changes|Belgium
Belgium

On 14 October 2016, the four parties of Belgium's governing coalition reportedly reached agreement on the tax measures for the 2017 Budget. The main measures include:

  • An increase in the top withholding tax rates on dividends and interest from 27% to 30%;
  • The repeal of the speculation tax for individuals (33%) on capital gains from the sale of listed shares if sold within 6 months of acquisition;
  • A change in the treatment capital contributions for tax purposes as a taxed reserve, which would …

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