close
Share with your friends

Belgium: Tax exemption for dividends for 2019, set at €800

Belgium: Tax exemption for dividends for 2019

A tax exemption is available for dividends paid or allocated from 1 January 2019 at the established amount of €800.

1000

Related content

Beginning 1 January 2018, dividends have benefited from partial exemption from withholding tax via the annual individual (personal) income tax return. The goal is to encourage direct investment in companies. The measure therefore applies to dividends from individual shares, Belgian or foreign, but does not apply for the following dividends:

  • Dividends distributed by legal arrangements or received through them
  • Dividends from collective investment undertakings
  • Dividends received through mutual funds
  • Interest reclassified as dividends
  • Liquidation and redemption bonuses

Taxpayers can also claim the tax exemption for income of a foreign origin for which there has been no withholding of tax.

Regarding non-residents, they will be able to request the exemption through their non-resident tax declaration or by means of a specific procedure if made no later than 31 December of the year following the year of income during which the dividends were received.


Read a September 2020 report (French) prepared by the KPMG member firm in Belgium

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal