Belgian Government Agrees on Budget Measures

Belgium's Deputy Prime Minister and Minister of Finance, Vincent Van Peteghem, has announced a series of measures agreed to by the federal government as part of budget discussions. The measures include:

• Strengthening of the so-called Cayman tax to further stem the flow to tax havens;
• Tightening the conditions for holding a real estate investment fund, removing a tax loophole where these funds were only held for a very short period in order to benefit from an advantageous tax regime;
• Strengt…