OrbitaxBelgian Parliament Adopts Legislation to Implement EU Parent-Subsidiary Directive Amendments and Introduce Exit Tax Payment Options
|Approved Changes|Belgium
On 17 November, the Belgian Parliament adopted legislation that implements the following measures:
- Transposes amendments to the EU Parent-Subsidiary Directive (2011/96/EU) into domestic law regarding:
- Hybrid-mismatches - The dividends-received deduction will not apply if the dividends are deductible for the paying company; and
- General anti-abuse provision - No dividends-received deduction or e…
