Belgian Ministry of Finance Issues Guidance on New Capital Gains Tax on Financial Assets

The Belgian Ministry of Finance has issued Circular 2026/C/74, providing guidance on the new capital gains tax on financial assets. As previously reported, the new tax applies to individuals and certain non-profit entities and private foundations that are tax resident in Belgium and is levied at different rates, depending on category:

• Category A - 33% on internal capital gains, including the transfer of shares to a company controlled by the transferor and/or their family;
• Category B - Progr…