Belgium: Tax measures in budget agreement approved by federal government
Draft legislation, which includes changes to miscellaneous duties and taxes, expected to be approved in March.
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february 26, 2026
The federal government has approved a draft program law to implement the budget agreement, which includes several tax measures. The draft has been sent to Parliament and is expected to be approved in March 2026.
The draft introduces changes to:
- VVPRbis scheme and the liquidation reserve regime: Distributions under the VVPRbis scheme would be taxed at 18% instead of 15% after the waiting period. For the liquidation reserve, distributions after the three-year waiting period would be taxed at 9.8% instead of 6.5% for reserves set up for financial years ending on or after December 31, 2025.
- Copyright income regime: The scope of the regime would be extended to computer programs, with a lump-sum cost deduction granted only if the taxpayer holds an art work certificate. This would apply to income paid or attributed from January 1, 2026.
- Exemptions from wage withholding tax: The exemption will be subject to a corrective factor to limit budgetary costs, with varying percentages applied from 2027 to 2029.
- Amendments to the Code of Miscellaneous Duties and Taxes: These changes include an increase in the tax on securities accounts from 0.15% to 0.3%, an increase in the annual tax on credit institutions, and an increase in the insurance premium tax from 9.25% to 9.6% for premiums due from April 1, 2026. The tax on the boarding of an aircraft will be set uniformly at €10 from January 1, 2027, with further increases in 2028 and 2029.
Read a February 2026 report prepared by the KPMG member firm in Belgium