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Belgium Clarifies Non-Deductibility of Unreported Payments to Tax Havens

|Approved Changes|Belgium
Belgium

On 3 September 2015, The Belgian Federal Public Service (SPF) Finance issued an addendum to Circular AFZ 13/2010 clarifying that the non-deductibility of unreported payment to residents of tax havens does not apply in cases where the EU rules on the free movement of capital and the non-discrimination provisions of an applicable tax agreement apply. This refers to the rule in effect from 2010, t…

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