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Belgium: Updates on implementing Council Directive (EU) 2023/2226 in line with CRS 2.0

Effective January 1, 2026

April 29, 2026

The Belgian Federal Public Service Finance (FPSF) on April 20, 2026, announced that the Law of March 16, 2026, which implements Council Directive (EU) 2023/2226 into the Belgian legislative framework in line with the OECD’s CRS 2.0, was published in the Belgian Official Gazette on April 1, 2026.

Specifically, Chapter 7 of the law amends the automatic international exchange of financial account information for tax purposes, effective January 1, 2026.

Key updates introduced under the amendments:

  • Enhanced reporting requirements (update Article 5 of the law of 16 December 2015)
  • Amendments to information reporting (Article 6)
  • Introduction of Nil reporting requirements (Article 10)
  • Introduction of a new and severe penalty regime (Article 18)
  • Expanded scope in line with DAC8
  • New categories of excluded accounts
  • Amended due diligence requirements

Read an April 2026 report prepared by the KPMG member firm in Belgium

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