Belgium Updates Capital Gains, Bank Secrecy Rules
The Belgian State Gazette on November 10 published the law of November 7, 2011, which updates rules relating to the taxation of capital gains on fixed assets, bank secrecy, and wage withholding tax.
Capital Gains on Fixed Assets
In response to an April 6 reasoned opinion of the European Commission, the law amends the tax regime for capital gains on fixed assets.
Belgium Updates Capital Gains, Bank Secrecy Rules, Tax Notes International, 16 November 2011