Belgium: Walloon decree for “fairer tax” effective 1 January 2022

The Walloon decree aims to address practices intended to evade or circumvent certain regional taxes and contains various measures

Walloon decree for “fairer tax” effective 1 January 2022

A new Walloon decree containing various provisions aimed at achieving a “fairer tax” was approved by the Walloon legislative body on 22 December 2021 and has an effective date of 1 January 2022.

This new decree aims to address practices intended to evade or circumvent certain regional taxes and contains various measures relating to inheritance tax, road tax, and a new anti-abuse measure. In addition, the new decree provides for a series of measures related to tax administration:

  • Tax officials are no longer bound by professional secrecy when information is communicated within the framework of a specifically organized whistleblowing system by legislation to be adopted in the future
  • Extension of the extraordinary periods of investigation and taxation from five years to 10 years in total in the event of fraudulent intent or design to harm
  • Extension of the special taxation deadlines up to 10 years for taxation based on court records or evidence that has recently come to the attention of the administration
  • System of tax fines is strengthened in order to fight against tax evasion

Read a January 2022 report (French) prepared by the KPMG member firm in Belgium

 

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