Category: Belgium

Corporation tax: Rate cut likely as Prime Minister David Cameron set to let Northern Ireland go it alone

Northern Ireland looks set to be handed the power to slash corporation tax in a move with the potential to significantly boost our stuttering economy. In a development which could transform international investment, senior sources in London and Belfast predict that an announcement will be made no later than October… – Continue reading

Belgium Tax, Indonesia Islamic Banking, BofA: Compliance

Marcel Bruehwiler, chief executive officer of UBS AG (UBSN)’s Belgium unit, was charged in Brussels as part of a probe into a multibillion-euro tax fraud, accelerating the latest tax-evasion inquiry facing the Swiss bank. Bruehwiler was charged with criminal organization, money laundering, illegal practice of the profession of financial intermediary… – Continue reading

Cayman Islands, Belgium Sign Tax Information Exchange Agreement

The Cayman Islands and Belgium have officially signed a tax information exchange agreement. Cayman Financial Services Minister Wayne Panton and Belgian Ambassador Godelieve Van den Bergh signed the agreement last week at the Government Administration Building in Grand Cayman. The tax information exchange agreement is the 35th into which the… – Continue reading

Belgium To Strike FATCA Deal With US

Belgium and the US will sign an intergovernmental agreement (IGA) in Brussels on April 23 for the implementation of the US Foreign Account Tax Compliance Act (FATCA), the Belgian Finance Ministry has announced. The IGA requires the Belgian Tax Administration and the US Internal Revenue Service (IRS) to exchange information… – Continue reading

More Countries Agree to Help U.S. Crack Down on Tax Dodgers

The Treasury Department added 19 nations to its list of countries that have reached agreements with the U.S. on carrying out a far-reaching law aimed at preventing offshore tax dodging by American citizens. The Treasury and the Internal Revenue Service said the 19 nations – including Australia, Brazil, South Africa… – Continue reading

Pensions Create Yet Another Tax Trap For U.S. Expatriates

Think your taxes are confusing? Ha! Try living and working abroad as a U.S. citizen. As the following guest column details, even something as  seemingly ordinary as participating in a pension plan can create huge tax complications. (For less esoteric advice on preparing your 1040 for 2013 and minimizing your… – Continue reading