Global

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  • Service: Tax, International Corporate Tax, International Executive Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 10/5/2012

Belgium - FAQs on determining benefit-in-kind of company cars 

October 5:  The Belgian tax authorities released a new list of “frequently asked questions” (FAQs) concerning how to calculate the benefit-in-kind of a company car.

Since early 2012, the company car benefit calculation has been determined as a function of the automobile’s catalogue value and CO2 emissions. However, there have been questions concerning certain option packs and promotions on determining the catalogue value of the vehicle.


The tax authorities provided the FAQs to clarify some of these issues.


Read an October 2012 report prepared by the KPMG member firm in Belgium: New FAQ from tax administration about company cars: new guidelines about option packs, promotions and fuel cards




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