hrservices.be banner

Tools

PwC service offerings

Tags

accounting treatment Belgium capital-sharing company cars crisis measures double tax treaty employee employees employment tax EU Regulation 883/2004 exemption fiscal benefit Flanders foreign income HR environment HR Services Human Resources income tax indexation India Lambermont life insurance marital quotient system pensions personal income tax private PC profit-sharing profit participation PTX registration duties salary slips salary tresholds second company car severance pay social security treaty stock option stock option income tax taxation tax reduction tax reform tax treatment Uruguay withholding tax work permit

Site search

Subscribe to our HRS headlines

RSS RSS – HRS Headlines

Sharing knowledge
The Tax Guide in De Tijd/L'Echo was created with the help of our Personal Tax Consultants

Discover Global Office MyTaxes.pwc.com and GlobalSTAR, our worldwide HR & tax web tools

Calculate your car policy’s VAT cost

Go to Benefit in kind VAT impact calculator
25Nov

Increase of non-resident additional tax rate

 

Context:

As mentioned in a previous PTX headline(*), as from income year 2004, the King is authorised to increase the resident local tax rate for the purpose of determining the withholding tax and the non-resident additional income tax rate (local tax equivalent) up to 7% by a Decree of the Council of Ministers.

The news:

Last Friday the Council of Ministers issued a press release(**) announcing that the non-resident additional income tax rate will increase from 6,7% to 7% of the total income tax payable for the income of 2004.

Besides this, the local tax rate included in the withholding tax for resident taxpayer will also be increased to 7% to better match the reality of the various local tax rates, without changing the actual rates which differ from municipality to municipality.

Please note however that the above changes must be confirmed by Royal Decree and have to be published.

(*) http://news.hrservices.be?200212091703
(**) FR: http://news.hrservices.be?lk200311251
NL: http://news.hrservices.be?lk200311252

Share

Posted: November 25th, 2003