The Belgium Chamber of Representatives has published a government policy note outlining its tax reform plans for the coming year. Key measures of the plan include:
- Strengthening the dividends received deduction (participation exemption) with the additional requirement that the investment is a fixed financial asset, except for small businesses, with the minimum ownership and investment amount conditions maintained (10% and EUR 2.5 million);
- Introducing a separate 5% tax on capital gains on s…