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Belgian Parliament Adopts New Annual Securities Account Tax

|Approved Changes|Belgium
Belgium

The Belgian parliament adopted on 11 February 2021 the bill providing for the introduction of a new annual securities account tax, which will enter into force the day after it is published in the Official Gazette. As previously reported, the proposed tax is levied at a rate of 0.15% on the average value of taxable financial instruments in securities accounts held by resident and non-resident individuals, companies, and other legal entities where the average value is greater than EUR 1 millio…

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