Details

  • Service: Tax, Global Transfer Pricing Services
  • Type: Regulatory update
  • Date: 2/3/2012

Belgium - Tax authorities to increase their focus on transfer pricing issues in 2012 and onwards 

February 3:   Transfer pricing provisions contained in the Belgian tax law are used by the Belgian tax authorities as methods to safeguard the tax base and to allow for certainty with respect to specific tax features that, in turn, play a key role in enhancing Belgium’s location as a place for making current and potential investments.

The level of complexity increases each year. The year past, 2011, was a busy year for the “special transfer pricing audit” department of the Belgian tax administration, and it is anticipated that 2012 will be an even busier year for this department.


To read a February 2012 report about Belgian transfer pricing issues, prepared by the KPMG member firm in Belgium: Tax authorities to increase their focus on transfer pricing issues in 2012 and onwards




©2012 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.


The KPMG logo and name are trademarks of KPMG International.


KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.


The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.


Direct comments, including requests for subscriptions, to go-fmtaxnewsflash@kpmg.com.
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.

 

Subscribe

Subscribe to receive the latest TaxNewsFlash email alerts (you must select the option for TaxNewsFlash)


Already a Subscriber? Login


Not a member? Subscribe now

Contact us

Tell us what you think
We value your feedback and suggestions on TaxNewsFlash.


Technical concerns and questions