New Belgian Government has Announced Proposed Tax Measures

On 9 October 2014, Belgium's new center-right coalition government announced its proposed tax plans. Key proposed measures include:

Corporate Taxation

• Reduce the secret commissions tax on improperly reported salaries, commissions and other similar fees from 309% (including additional crisis tax) to 103% for individual taxpayers and 51.5% for companies
• Change taxation of Intermunicipal entities (nonprofits) to corporate income tax instead of the legal entities tax from 1 January 2015
• Simpl…