New target date for the new voluntary disclosure legislation

Tax  •  30/03/2016  •  Kevin Desmet

More than two years after the old legislation on voluntary disclosure in tax-related and social security affairs has been abolished, the current Belgian federal government has drafted a new law. The new law had been delayed due to a conflict of competence between the federal and regional authorities, but is expected to enter into force in June or July of this year after its approval by the Belgian Parliament (Source “De Tijd” March 10th, 2016).