OrbitaxBelgian rules for set-off of losses with third-country PE's profits discriminatory
|Approved Changes| Belgium
On 26 October 2007, the Court of First Instance of Brussels held that the Belgian rules for compensation of losses with profits of a foreign permanent establishment (PE) situated outside the European Union are incompatible with the equal treatment (non-discrimination) principle contained in the Belgian Constitution. Details of the decision are summarized below.
(a)…
Continue Reading
