On 12 May 2016, the Belgian Chamber of Representatives approved the pending income and capital tax treaty with Macedonia. The Macedonian parliament ratified the treaty on 30 November 2010. The treaty, signed 6 July 2010, is the first of its kind directly between the two countries and will replace the 1980 tax treaty between Belgium and the former Yugoslavia, which still generally applies in relation to Belgium and Macedonia.
Taxes Covered
The treaty covers Belgian individual income tax, c…