On 24 May 2018, the Belgian parliament approved a draft bill setting out the conditions for the taxation of port companies. The need to tax port companies is a result of a July 2017 decision of the European Commission that the Belgian tax exemption for domestic sea and inland ports was in violation of EU State aid rules. As required by the Commission decision, the bill provides for the taxation of ports from accounting years ending on or after 1 January 2018, with certain transitional provis…