New procedural measures – Bill provides for extended tax investigation and assessment periods

As a follow-up on the second Action Plan for the fight against social and tax fraud (see our prior newsflash on this Action Plan here), a bill was recently submitted to the Belgian Chamber of Representatives, which contains a number of relevant tax controversy measures. Amongst the main measures is a significant extension of the tax investigation and assessment periods for income taxes and VAT. This measure and other key income tax measures are discussed below. Overall, the bill significantly extends the powers of the Belgian tax authorities and limits to a certain extent the taxpayer’s procedural rights.

Source Baker & McKenzie

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