Taxation of international executives
Income taxes are levied on the worldwide income of Belgian residents and the Belgian-source income of non-residents.
Special exemptions and reductions exist for foreign-source income. The official currency of Belgium is the Euro (EUR).
Herein, the host country/jurisdiction refers to the country/jurisdiction to which the employee is assigned. The home country/jurisdiction refers to the country/jurisdiction where the assignee lives when they are not on assignment.
All information contained in this publication is summarized by KPMG Tax and Legal Advisers, the Belgium member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on the Belgian Income Tax Code of 1992 and subsequent amendments; the Circular RH 624/325.294 of 8 August 1983; the Web site of the federal fiscal administrations; the Belgian Social Security Act of 29 June 1981; the Belgian Law of 30 March 1994; the Web site of the Belgium Social Security administration.
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