Belgium
Overview of CbC reporting requirements
First reporting fiscal year: Commencing on or after 1 January 2016
Consolidated group revenue threshold: EUR 750 million
Filing deadline: 12 months following the end of the reporting fiscal year
The domestic legal and administrative framework
Belgium confirms that its rules have not changed and continue to be applied effectively. Belgium continues to meet all terms of reference.1
The exchange of information framework
Belgium made some exchanges of CbC reports after the deadline. This was caused by a technical issue that has since been resolved and so no recommendation is required.
Belgium confirms that its rules have not changed and continue to be applied effectively. Belgium continues to meet all terms of reference.
Appropriate use of CbC reports
Belgium confirms that its rules have not changed and continue to be applied effectively. Belgium continues to meet all terms of reference.
Note
← 1. Belgium’s 2017/2018 review included a monitoring point relating to the rule according to which where there are more than one Constituent Entities of the same MNE Group that are resident for tax purposes in the EU, the MNE Group may designate one of such Constituent Entities to file the country-by-country report conforming to the requirements that would satisfy the filing requirement of all the Constituent Entities of such MNE Group that are resident for tax purposes in the EU. This monitoring point remains in place.