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Belgian Government Reaches Agreement on Budget for 2023 and 2024

|Proposed Changes|Belgium
Belgium

The Belgian government has reportedly reached an agreement on the budget for 2023 and 2024, including several tax measures. Some of the main measures include:

  • Introducing an excess profits (windfall) tax on energy producers with income exceeding EUR 180 per MWh between 1 January 2022 and 30 November 2022 and exceeding EUR 130 per MWh between 1 December 2022 and 30 June 2023, with a possible extension if approved by the European Commission;
  • Introducing a temporary minimum tax (15%), pending t…

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