Belgium has published the Royal Decree of 20 May 2020 in the Official Gazette, which provides for the implementation of the administrative penalties for failing to comply with the required reporting of cross-border arrangements (DAC6). The penalties are as follows, depending on intent.
Incomplete submission of information:
- Offense not committed with fraudulent intent or intent to harm:
- 1st offense: EUR 1,250.00
- 2nd offense: EUR 2,500.00
- 3rd offense: EUR 5,000.00 …