Belgium – companies threatened with reimbursement – economy

Multinational companies with branches in Belgium are threatened with additional tax claims. The European Court of Justice (CJEC) has ruled that tax exemptions for Belgian companies belonging to international groups should be considered as a state aid scheme. A lower court must decide whether the settlement is illegal and whether additional payments are due. German companies with a Belgian branch could also be affected. The context of the proceedings is a decision of the European Commission. In 2016, he found systematic tax exemptions for excess profits to be illegal and demanded refunds. Surplus profits are additional profits from international companies that an independent company could not have made under the same circumstances.

Related Articles

Back to top button