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Belgium Gazettes Law Amending Temporary Tax Support Measures Due to Coronavirus

June 30, 2022, 5:00 AM

The Belgian Official Gazette June 27 published Law No. 2022032415, amending temporary tax support measures due to the coronavirus pandemic. The amendments include measures: 1) providing a tax reduction for residents and nonresidents for the acquisition of new shares in qualified companies with sharp revenue declines due to the pandemic; 2) providing tax credits of up to 100,000 euros (US$105,932) for shares acquired from Jan. 1 through Aug. 31; 3) granting a 30 percent tax reduction to landlords for the rent waived during March, April, and May 2021, capped at 5,000 euros (US$5,293) per month per lease agreement and 45,000 ...