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In Belgium, it is also possible to pay taxes via post or online (using Belgian government's tax portal). For non-residents with Belgian-earned income, it is a bit more complicated. A tax return is delivered as soon as they inform competent tax collectors office. On the other hand, they can also pay with the use of post or online. [2]
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The existence of a participation exemption under a local tax regime enhances a jurisdiction's attractiveness as a holding company location, although other factors such as the presence of a network of double taxation treaties are relevant. Countries with a participation exemption include: Austria; Belgium [1] Ireland; Luxembourg; Malta ...
In 2004, the Belgian Parliament adopted a law allowing individuals subject to Belgian income tax to regularize the undeclared, or untaxed, assets they held before June 1, 2003. [15] The government increased the tax free portion for individuals from portion from EUR 10,160 to EUR 13,500. [ 16 ]
A new income tax law, passed in 1997 and effective 1998, determined residence as the basis for taxation of worldwide income. [167] The Philippines used to tax the foreign income of nonresident citizens at reduced rates of 1 to 3% (income tax rates for residents were 1 to 35% at the time). [168]
The Netherlands introduced a patent box tax regime referred to as the ‘innovation box’ in January 2007. This initial regime applied only to patents and applied a 10% rate of corporate tax. On 1 January 2010 the regime was expanded to include a much wider range of IP and the headline rate was reduced to 5%. [18]
The Tax Attractiveness Index represents a new approach to measuring the attractiveness of a country's tax environment. To construct the Tax Attractiveness Index, values are added for all 20 tax factors per country, which have been identified as determining a country's tax environment, and divide the sum by 20.
Code of conduct group screened Russia’s new legislation adopted in 2022 against the good tax governance criteria of the code and found that Russia had not fulfilled its commitment to address the harmful aspects of a special regime for international holding companies (criterion 2.1).