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8.1.1. Other Taxes

The following table provides an overview of other taxes that may be imposed on a company doing business in the country.

Tax Type Rate(s) Notes
Capital Duty EUR 50 Belgium does not levy capital duty on initial capital contributions or increases, other than a fixed fee of EUR 50.
Payroll Tax NIL There is no payroll tax separately due by companies on their total payroll expenditure. Employers are required to withhold income tax and social security premiums on behalf of their employees.
Social Security Employer Contribution 25% to ~ 35% Employer social security contributions vary based on the type of work, size, and industry of the company, as well as the amount of wages/salary for the employee. The general rate is approximately 25% to 35%. The basic contribution rate is 19.88% and is due on the gross remuneration for white-collar employees and on 1.08 times the gross contribution for blue-collar workers. Additional contributions are due to specific funds resulting in aggregate contributions ranging from 25.41% to 27.15% with respect to white-collar employees and 30.98% to 32.72% with respect to blue-collar workers (depending notably on the number of employees). Effective 1 January 2022, the tax-free allowance provided up to 30% of gross taxable salary (subject to a maximum of EUR 90,000) under the new expat tax regime is exempt from employer social security contributions.
Social Security Employee Contribution 13.07% The general employee social security contribution rate is 13.07% of the gross salary for white-collar employees (on 1.08 times the gross salary for blue-collar workers). Additionally, employees are required to pay a special social security contribution which varies according to the employee’s remuneration and family circumstances (single or a family with 2 incomes). The special security contribution is deducted from the monthly salary by the employer and ranges from 5% on annual income above EUR 18,592.02 to a maximum of EUR 731.28 on annual income over EUR 60,181.95. Effective 1 January 2022, the tax-free allowance provided up to 30% of gross taxable salary (subject to a maximum of EUR 90,000) under the new expat tax regime is exempt from employee social security contributions.
Property Tax 1.25 % to 3.97% An annual property tax applies to the deemed rental income of owned land, buildings, and industrial equipment. The rates vary based on the location of the property.
Transfer Tax 0.2% to 12.5% Transfer tax applies to the transfer and leasing of real estate located in Belgium, with varying rates depending on the nature of the transfer and/or the region in which the property is located.
Stamp Duty 0.12% to 9.25% Stamp duty is levied in a limited number of cases, including stock exchange tax on transactions in public securities at rates ranging from 0.12% to 1.32%, and the duty on insurance premiums at rates ranging from 1.1% to 9.25%.
Excise Taxes Varies Belgium levies national excise taxes on alcoholic beverages, tobacco products, gasoline, and certain other products.
Customs Duty Varies Customs duties are levied on goods imported from outside the EU. In response to the COVID-19 pandemic, customs duty is exempted on goods imported to fight COVID-19 until 30 June 2022.
Secret Commission Tax 51.50% The secret commission tax is levied on improperly reported salaries, commissions, and other payments, and providing free goods. The rate is 51.5% for companies. No surcharge is applied on the secret commission tax for the taxable period starting on or after 1 January 2020 and ending no earlier than 31 December 2020. Effective from the tax year 2021, the secret commission tax is not deductible for corporate tax purposes.
Transparency Tax - Belgian founders/shareholders of trusts, foundations, and other structures are subject to a transparency tax on deemed income if the structure is exempt from tax or subject to an effective tax rate under 15%; exemptions apply for collective investment vehicles, listed companies, and certain other cases.
Securities Account Tax 0.15% Effective 26 February 2021, Securities Account Tax is levied at the rate of 0.15% on the average value of taxable financial instruments in securities accounts held by resident and non-resident companies and other legal entities where the average value of the securities account is greater than EUR 1 million. The amount of tax is limited to 10% of the difference between the taxable base and the threshold of EUR 1 million. However, securities accounts held by financial undertakings, such as credit institutions, insurance companies, investment companies, brokerage firms, and pension funds or collective investment undertakings, are exempt. Nominative securities are also excluded. The reference period for the tax is the 12-month period from 1 October of a tax year until 30 September of the following year or: An earlier date when an account is closed; or the date an account holder becomes a resident of a tax treaty country and the tax treaty allocates the taxing rights to such treaty country. The intermediaries are required to withhold and pay the tax within the specified timelines, failing which penalties of 10% to 200% of the tax due may be levied. Further, an anti-abuse provision that applies retroactively from 30 October 2020, is included to counter certain actions taken to avoid tax (see Sec. 13.1.)