After discussion with the relevant stakeholders, the Belgian tax authorities published a FAQ on Monday 14 January 2022. As we describe below, the FAQ clarifies the legislation and provides for the necessary implementation measures in view of the first reporting deadline, which is 31 March 2022. This deadline is approaching rapidly and the compliance burden may be very heavy depending on the circumstances. The FAQ also provides for a tolerance for non-compliance with the information obligations until 1 March 2022.
Source: globalcompliancenews.com
