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Belgium Publishes Legislation Implementing New Interest Deduction Restriction from 2019 and Other Measures

|Approved Changes|Belgium
Belgium

On 22 March 2019, Belgium published in the Official Gazette the Law of 11 February 2019 on Fiscal, Anti-abuse, Financial, and Miscellaneous Provisions. One of the key measures of the Law, which was approved by parliament in January ({News-2019-02-07/A/2-previous coverage}), is the implementation of the country's 30% of EBITDA interest deduction restriction from 1 January 2019 (originally approved from 2020). Other measures of the law generally apply from 22 March.

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