The Brewer Morris European salary guide provides insight into the key industry trends facing tax professionals. Our report includes both a complete breakdown of salaries, firstly by country then tax specialism, as well as a market commentary for each specific region. We are delighted to have insight from tax leaders across a variety of European countries to support this guide. They highlight the key challenges facing the European market which include: digitalisation, tax transparency & BEPS.
Below is an extract from the Belgium section.
The Belgian government has worked hard to avoid uncertainty in terms of tax legislation which could deter foreign investment. Subsequently the centre-right Michel government has looked to pursue tax cuts at the same time as implementing a number of associated BEPS measures. The authorities have looked to strike a balance between being pro-business whilst also ensuring they remain on the correct side of international standards, especially following public outrage in respect of the Luxembourg Leak scandal and the Panama Papers. As a result, The Belgian government has reached an agreement on a corporate income tax reform, effectively reducing corporate tax rates in two phases 29.58% (assessment year 2019) and 25% (assessment year 2021).