On 28 March 2012, the Upper House adopted the law on various tax amendments.
The important tax measures, which will apply from the tax year 2012 (assessment year 2013) unless indicated otherwise, are described below.
Corporate income tax
(a) Capital gains on shares.
Currently, capital gains on shares realized by a Belgium company are tax exempt without a minimum holding period. Under a new rule, the exemption will only apply if …