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Tax alert
News
The Belgian participation exemption (again) under fire
On 20 November 2009, the European Commission has sent a reasoned opinion to Belgium challenging the Belgian participation exemption (reference number 2007/4333). According to the Commission the requirement under Belgian legislation that the shareholding must qualify as financial fixed assets for the participation exemption to apply, is not in line with the Parent-Subsidiary Directive.
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26-11-2009
Contact

Steven Claes
+ 32 2 774 9420
steven.claes@be.ey.com

Anne Van de Vijver
+ 32 2 774 9381
anne.van.de.vijver@be.ey.com

 Colophon
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