Belgium further aligns Pillar Two legislation with OECD's Agreed Administrative Guidance

21 May 2024|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, OECD, BEPS 2.0|Belgium

The Belgian Parliament has approved a bill containing various tax measures, including specific amendments to the Belgian Pillar Two legislation.
Approved amendments, in part: (1) transpose into domestic law some of the OECD's Agreed Administrative Guidelines published in 2023; (2) require in-scope taxpayers to obtain a specific Pillar Two Tax Identification Number, regardless of where the UPE is located; (3) introduce a system of advance tax payments for QDMTT and IIR Top-up Taxes, further highli…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.