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Belgium to Adopt EU Parent-Subsidiary Directive Amendments, Repeal Patent Box, and Introduce Exit Tax Payment Options

|Proposed Changes|Belgium
Belgium

Belgium's Council of Ministers has reportedly approved draft legislation to implement a number of measures, including:

  • Transposing amendments to the EU Parent-Subsidiary Directive into domestic law that target hybrid-mismatches and a general anti-abuse provision;
  • Repealing the patent box deduction; and
  • Introducing the option to pay exit tax at once or in multiple installments.

Additional details of the legislation and timing of the measures will be published once available.

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