Belgian Deputy Prime Minister and Minister of Finance Vincent Van Peteghem has announced the government's proposal for the first phase of major tax reforms. Some of the main measures include:
- An increase in the standard personal income exemption amount from EUR 10,160 to EUR 13,500;
- An increase in the top personal income tax bracket (50%) threshold from EUR 46,440 to EUR 60,000;
- The introduction of a minimum tax on multinationals, i.e., the pillar 2 global minimum tax in line with Council D…