The Belgian parliament approved legislation on 31 January 2019 that moves forward the implementation of the country's 30% of EBITDA interest deduction restriction to 1 January 2019. The restriction, which is in line with the EU Anti-Tax Avoidance Directive, was already approved as part of the 2018 tax reform legislation, but with an effective date of 1 January 2020.
Other changes introduced by the legislation include:
- An extension of the statute of limitations period for the tax authority …