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Belgian Parliament Considering Draft Bill to Introduce New Annual Securities Account Tax

|Proposed Changes|Belgium
Belgium

The Belgian parliament is considering a draft bill submitted on 5 January 2021 that provides for the introduction of a new annual securities account tax. As previously reported, the proposed tax would be levied at a rate of 0.15% on the average value of taxable financial instruments in securities accounts held by resident and non-resident individuals, companies, and other legal entities where the average value is greater than EUR 1 million. When applicable, the amount of the tax is limited t…

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