Double Taxation Agreement Belgium

Our team of lawyers in Belgium can help interested foreign investors obtain additional or specific information about a contract signed with another particular state. In this article, we present the purpose of the treaties, as they apply in Belgium, and list some of the countries with which Belgium has signed this type of agreement. Belgium has concluded a double taxation agreement with more than 150 countries. If you want to start a business and need details about the tax system, you can contact our Belgian law firm. Like many other countries, Belgium has signed a series of double taxation treaties that allow individuals to avoid double taxation of their income and exempt foreign companies from corporate double taxation. Belgian taxpayers must declare their worldwide income in their tax returns drawn up in Belgium. Taxable/taxed/actually taxed income abroad (depending on the wording of the agreement in question) is exempt from Belgian tax with progressivity (i.e. foreign income is exempt in Belgium, but is taken into account in determining the marginal rate applicable to other taxable income in Belgium). BulgariaA tax agreements and international agreements The federal civil service in Belgium is the main regulator of economic agreements. The Ministry of Foreign Affairs is responsible for the conclusion of economic conventions such as double taxation conventions, but also other conventions. Belgium has concluded social security agreements to monitor domestic and foreign workers and bilateral investment agreements (BIT) to attract and protect foreign investment. A double taxation convention is a convention signed between two countries to avoid international double taxation of the same type of income. Belgium has also concluded double taxation treaties with Australia, New Zealand, Hong Kong and Russia.

As has already been said, Belgium has 88 double taxation treaties with countries around the world. Some of these countries are as follows: special rules for frontier workers are contained in the following double taxation conventions: the first and most obvious objective of the Belgian double taxation conventions is the elimination or reduction of international double taxation. . . .