The Belgian Ministry of Finance has issued Circular 2026/C/74, providing guidance on the new capital gains tax on financial assets. As previously reported, the new tax applies to individuals and certain non-profit entities and private foundations that are tax resident in Belgium and is levied at different rates, depending on category:
- Category A - 33% on internal capital gains, including the transfer of shares to a company controlled by the transferor and/or their family;
- Category B - Progr…