News
Sustainability will eventually land on your desk: a wake-up call
Despite the recent EU Omnibus proposals that ease the reporting burden on many companies, the core message remains unchanged: sustainability is not a buzzword but a financial business reality that is becoming increasingly important.
Overview disallowed expenses TY 2026
As a general rule, expenses incurred by a company in the context of its economic activity are deductible for tax purposes. For certain expenses however, Belgian tax legislation allows no deduction or a partial deduction for tax purposes. This table provides an overview of common expenses that are (partially) disallowed for corporate income tax and VAT for financial year 2025 (and related tax year 2026).
Right to VAT deduction after the expiry date: circular clarifies scope of Biosafe ruling in Belgium
The Belgian VAT administration recently published a circular explaining the consequences of the European Biosafe ruling (Court of Justice - case C-8/17 of April 12, 2018, Biosafe) in Belgian practice (Circular 2025/C/23 of April 28, 2025). This circular clarifies in which cases a taxpayer can still exercise their right to VAT deduction after the standard expiry date and explains the (strict) conditions that must be complied with in this regard.
Draft template of Domestic Minimum Top-Up Tax return published
In the context of the Pillar II legislation, the Belgian tax administration (i.e. the FPS Finance) recently published the template for the Qualified Domestic Minimum Top-Up Tax return.
Global Mobility Newsletter – April 2025
When dealing with globally mobile employees, there are numerous questions to be answered from both a compliance as well as risk management perspective.
In our quarterly Global Mobility Newsletters in which our experts shine a spotlight on global mobility issues of interest to those operating internationally.
Vendor Due Diligence (VDD) vs. Vendor Assistance (VA): What are the differences and advantages?
In the world of mergers and acquisitions (M&A) the sales process of a company can be quite complicated. Being well prepared is thus critical. As corporate finance professionals, we assist the vendors with 2 important services, being Vendor Due Diligence (VDD) and Vendor Assistance (VA).
These services are often confused with each other. Yet each has its own purpose and offers unique benefits depending on the needs of the vendor. In this article, we will discuss the differences between VDD and VA, the benefits of both and how they help you make a transaction process run smoothly.