The Resource The Belgian 'Cayman tax' and its impact on wealth and estate planning in Belgium

The Belgian 'Cayman tax' and its impact on wealth and estate planning in Belgium

Label
The Belgian 'Cayman tax' and its impact on wealth and estate planning in Belgium
Title
The Belgian 'Cayman tax' and its impact on wealth and estate planning in Belgium
Creator
Subject
Language
eng
Summary
The Belgian federal government has announced a reinforcement of the Cayman tax, as part of a 'tax shift' plan. The Cayman tax is a set of rules in the Belgian Income Tax Code on transparency and taxation of distributions of foreign legal structures (trusts, as well as low-taxed foreign companies and foundations). Under the proposed measures, insurance contracts can qualify as targeted structures. All distributions made by trusts to Belgian tax residents will be treated as dividends. The bill will be voted by the end of 2017 and should enter into force as from 2018. However, certain aspects will enter into force retroactively, as from 17 September 2017
Citation source
In: Trusts & trustees. - Oxford. - Vol. 24 (2018), no. 3; p. 230-237
http://library.link/vocab/creatorName
Lust, S
Geographic coverage
  • Europe
  • European Union
Language note
English
http://library.link/vocab/subjectName
  • tax reform
  • corporate income tax
  • trust
  • dividend
  • tax transparency
  • opaque
  • insurance
  • notional interest deduction
  • ATAD
  • gift tax
  • inheritance tax
Label
The Belgian 'Cayman tax' and its impact on wealth and estate planning in Belgium
Instantiates
Publication
Label
The Belgian 'Cayman tax' and its impact on wealth and estate planning in Belgium
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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