A study financed by the European Commission around legislation and fiscal practices of member states features Belgium in second place in terms of the countries reducing their tax base. Le Soir details this in its Wednesday edition.
Belgium is in second place in this “ranking”, behind the Netherlands. Notional interests, excess profit rulings and incentives for patents and R&D feature amongst the active indicators for aggressive tax planning identified by the study.
The Office of the Minister of Finances Johan Van Overtveldt stresses that this study was carried out at the end of 2015, which was indeed before the adaptation of two anti-abuse provisions.