Belgium: New budget measures for 2013

26.11.2012

The Belgian government has proposed new budget measures for 2013 that include an increase in the rate of withholding tax on income from Belgian securities (both bonds and equities) from 21% to 25%.

The increased rate, if finally approved, may become effective as of 1 January 2013.

We will inform customers as soon as official confirmation becomes available.

This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice.