On 29 September 2016, draft legislation was submitted to the Belgian parliament to implement the following measures:
- Transposing amendments to the EU Parent-Subsidiary Directive into domestic law regarding:
- Hybrid-mismatches - the dividends-received deduction will not apply if the dividends are deductible for the paying company; and
- General anti-abuse provision - No dividends-received deduction or exemption from withholding tax will be available if in relation to artificial legal acts entere…