The Belgian tax authorities on 3 June 2020 announced a six-month deferral regarding reporting requirements under the EU directive on mandatory disclosure of cross-border arrangements (known as “DAC6”).
In a related action, a Royal Decree was published on 4 June 2020 specifying the penalties applicable for a failure to comply with the DAC6 obligations.
The DAC6 measures require the mandatory disclosure of reportable cross-border arrangements, and will be effective as from 1 July 2020. The deferral provided by the Belgian tax authorities does not postpone the effective date of 1 July 2020 but only postpones the deadlines for the DAC6 reporting obligations.
Accordingly, the following deadlines apply:
The deferral applies to the reporting of arrangements that concern federal taxes as well as regional taxes in Belgium.
Read a June 2020 report prepared by the KPMG member firm in Belgium
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