On 10 March 2016, Belgium published a Royal Decree listing the jurisdictions considered tax havens for the purpose of the participation exemption (dividends received deduction). This was followed on 11 March 2016 with a Royal Decree listing the jurisdictions considered tax havens for the purpose of cross border payment reporting.
List for Participation Exemption
Under Belgium's participation exemption (dividends received deduction) regime, the exemption is generally not available for dist…