Belgium – New Law on Tax Amnesty Enters into Force

Belgium – New Law on Tax Amnesty Enters into Forc...

KPMG in Belgium reports that the law providing for a temporary tax (and social) amnesty was adopted by the Belgian Parliament and published in Belgium’s official gazette on July 12, 2013. The new rules offer taxpayers a last opportunity to regularize undeclared amounts – with respect to income and capital – during the period between July 15, 2013 and December 31, 2013. From January 1, 2014, this amnesty will no longer be available.

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