On 25 February 2020, the Belgian tax administration published Circular 2020/C/35 on transfer pricing guidelines for multinational enterprises and tax administrations. The circular is the final version of a draft first published in 2018 and provides an overview of the OECD 2017 Transfer Pricing Guidelines (2017 TPG), including the Belgian tax administration position on certain areas.
The circular includes that the Belgian tax administration will follow the principles of the 2017 TPG and that…