Belgian Chamber of Representatives Considering Draft Law to Implement DAC9 and Related Penalties

The Belgian Chamber of Representatives (lower house of parliament) is considering a draft law for the implementation of Council Directive (EU) 2025/872 of 14 April 2025 (DAC9). DAC9 established new rules to facilitate the automatic exchange of information with respect to Top-up tax information returns (i.e., GloBE Information Returns - GIR) and the framework for the operational implementation of the filing obligations laid down in Directive (EU) 2022/2523 (Pillar 2 GMT Directive). The new ru…