Communication is key. Starting the conversation during your lifetime and making clear agreements with your heirs will in many cases mean that conflicts are avoided. In this article, we look at a number of tools for starting the conversation and documenting a number of agreements in a family context.
“Discover how to calculate the taxable benefit in kind (BIK) for company cars for the 2025 income year. Use our handy tool and understand the flat-rate valuation of your BIK.”
The importance of corporate compliance: peace of mind in a complex legal landscape
With the submission deadline of 31 March 2026 coming up, this is the ideal time to prepare your wealth tax return. This annual tax, which compensates for inheritance tax, underwent extensive amendment in 2024: see the previous article on our website for details.
The Belgian transfer pricing legislation requires taxpayers to complete and submit specific transfer pricing documentation forms, consisting of the Local File, the Master File, and the CbC notification form. The requirement applies annually to Belgian entities and permanent establishments of multinational groups that meet the applicable thresholds[M.
From 1 January 2026, Wallonia ends nearly 20 years of tax exemptions under the Marshall Plan and reinstates property tax, the compensatory industrial tax and the municipal motive power tax for industrial investments made since 2006. The reform significantly increases the tax burden for many companies and requires a detailed analysis of past and recent investments to understand the financial impact.
Due Diligence Requirement Only Applies to Certain High-Risk Sectors From 1 January 2026 This legislation applies to any domestic or foreign company that is directly or indirectly involved in the activities listed below that are carried out in the Flemish Region. In other words, it makes no difference whether you use the services of a Belgian or a foreign contractor or subcontractor: the legislation applies as soon as activities are carried out in the Flemish Region.
The special tax regime for inbound taxpayers (BBIB) and researchers (BBIO) was in-troduced on January 1, 2022, to make Belgium more attractive for international talent. This new regime replaced the old expat system for foreign executives and marked an important step toward greater legal certainty.
This publication is designed to give preparers and reviewers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards. It covers both new Standards and Interpretations that have been issued and amendments made to existing ones.
The IFRS Foundation has issued 'Disclosures about Uncertainties in the Financial Statements,' addressing practical application of the disclosure requirements in IFRS Accounting Standards.
“Discover how to calculate the taxable benefit in kind (BIK) for company cars for the 2026 income year. Use our handy tool and understand the flat-rate valuation of your BIK.”
For legal advice, Fabrizio Santoro, Financial Director at Facilicom, maintains short lines of communication with Grant Thornton. In “On a roll”, he tells us more about their partnership.
The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging. Each year, new Standards and amendments are published by the International Accounting Standards Board (IASB). These changes have the potential to significantly impact the presentation of a complete set of financial statements, and 2025 is no different.
Youri De Vos, General Manager at Mordant Group, is structurally supported with the accountancy advice from one-stop shop Grant Thornton.
The holidays are the perfect opportunity to give your loved ones an extra treat. That envelope of money under the Christmas tree, is it just a little present, or is it actually a taxable gift?
Stay informed with Grant Thornton’s IFRS Alerts: IASB issues amendments to IFRS standards, including IFRS 19 and IAS 21, addressing disclosure simplifications for subsidiaries and clarifying foreign currency translation in hyperinflationary economies. Explore key updates and implications for financial reporting.
Sustainability is no longer an option, but a necessity. Yet many SMEs struggle with the question: How do I get started without being overwhelmed by complex reporting requirements?
The De Wever government is raising tax rates on profit distributions for small companies, placing an extra tax burden on SMEs. According to Frederik De Graeve, these measures aren’t a fair reform, but a quick fix for budget problems that are affecting the entire economy. The tax rate increases are being sold as a fight against abuse, but in reality they hit every small business. This policy leads to lower investment, higher prices and a general tax increase that affects entrepreneurs, employees and consumers. Frederik calls for a targeted and consistent approach to abuse, rather than general tax increases.
