Tax & Legal update COVID-19: Tax & Legal update

As businesses work to respond to the impacts and uncertainties of the Coronavirus (COVID-19), it’s important to stay on top of the tax and legal measures taken by the Belgian authorities. This page will be updated on a regular basis and will be your source of information for all tax and legal considerations.

This page has been created by KPMG and K law professionals. 

1. What measures have been taken by the Belgian federal authorities?

• Tax measures
• Social security measures
• Customs and excise duty measures

2. What measures have been taken by the regional authorities?

• Measures taken by the Flemish government
• Measures taken by the Walloon government
• Measures taken by the Brussels government

• Remote working in Germany and the Netherlands
• Cross-border working in France and Luxembourg
  

4. Which tax aspects are important for you to consider?

• No-shows and cancellations
  
• Cash management & taxes
• Employee safety and welfare costs

5. Which transfer pricing aspects are important for you to consider?

• Implications from a transfer pricing perspective
• Bolster the resilience of your transfer pricing model

6. Which legal aspects are important for you to consider?

• Failure to fulfil contractual obligations
• Employment and social law facilities
  
• Corporate law impact
• Processing of personal data
• Public Procurement in case of a pandemic
• Impact on commercial contracts

7. Which social, people and immigration aspects are important for you to consider?

• Social security considerations
• Immigration update

8. Which financing aspects are important to consider?

• Which financing measures have been agreed with the Belgian Banking sector?

9. Which estate planning aspects are important for you to consider?

• Measures taken by the authorities
• Additional possibilities to keep in mind
• Estate planning with the intervention of a notary public
  

10. What measures have been taken internationally by other governments?

• Overview of COVID-19 measures taken by governments around the globe