Belgium Issues Draft Schema for Global Minimum Tax Filings

Belgium released a promised draft XSD schema for taxpayers subject to the global minimum tax, with a final version to be published on the Federal Public Service site at a later date.

The schema, released Tuesday, is still in draft form and is meant for informational purposes only.

• Taxpayers subject to the Pillar Two global minimum tax will have to file an annual domestic withholding tax return for the first time this year, the release said.
• Pillar Two of the tax agreement led by the Organization for Economic Cooperation and Development seeks to set a 15% minimum tax rate on ...