Belgium published the Royal Decree of 21 October 2025 in the Official Gazette on 31 October 2025, introducing a withholding tax exemption (waiver) on payments for the lease or rent of tangible movable property, such as construction equipment or bareboat charters. It is specifically noted that intellectual property is excluded. Currently, the standard withholding tax on such payments is 30%, which is typically grossed up, resulting in an effective increase in the cost of leasing and rentals b…