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Belgian Parliament Approves Amendments to Interest Deduction Restriction and Defensive Measures for Non-Cooperative Jurisdictions

|Approved Changes|Belgium
Belgium

The Belgian parliament has reportedly approved the draft bill submitted on 3 December 2020 that includes amendments to comply with the EU Anti-Tax Avoidance Directive (ATAD) interest deduction restriction measures. As previously reported, the amendments are needed following the issuance of a formal notice by the European Commission that Belgium's implementation was not fully in line with the ATAD. This includes the alignment of Belgium's definitions of long-term public infrastructure projects…

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