On 31 March 2016, Belgium published a Decree on advance tax payments in the Official Gazette. The main points of the Decree are summarized as follows.
Advance Tax Payment Schedule
Advance tax payments are due quarterly. For 2016, the payments are due on 12 April, 12 July, 11 October and 20 December for tax years ending 31 December 2016.
Surcharge for Insufficient Payments
When advance tax payments do not cover the final tax assessment for the year, a surcharge applies. For tax year 2016…