Belgian company tax applies to companies incorporated on Belgian territory. In principle, Belgium will tax the worldwide income and this at a general rate of 33,99%.
However, losses can be compensated without any limit in time. The Belgian system only foresees in a ‘carry forward’ compensation and not in a ‘carry back’ compensation. Often forgotten is the fact that in case of takeover or change in management, this compensation can be cut back, unless the takeover meets an economic or financial necessity. It is always possible to request beforehand a ruling in relation hereto.
Regading tax benefits, Belgium is worldwide renown for the notional interest deduction. This system allows companies to deduct a fictional interest over their equity. Can this also be interesting for your company? BTH can help you find out!