Belgium to Adopt EU Parent-Subsidiary Directive Amendments, Repeal Patent Box, and Introduce Exit Tax Payment Options
Belgium's Council of Ministers has reportedly approved draft legislation to implement a number of measures, including:
- Transposing amendments to the EU Parent-Subsidiary Directive into domestic law that target hybrid-mismatches and a general anti-abuse provision;
- Repealing the patent box deduction; and
- Introducing the option to pay exit tax at once or in multiple installments.
Additional det…
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