Belgium has published a notice in the Official Gazette on the legal interest rate in tax matters for 2024, which is unchanged from the rate for 2023 at 4%. For a particular year, the rate is equal to the average of specified reference indices in April, May, and June of the preceding year, subject to a minimum of 4% and a maximum of 10%.
For income tax purposes, the legal interest rate is used in relation to late payment and the recovery of taxes, while the rate for refunds is the legal inte…