On 21 November 2012 the Di Rupo government announced new budget measures. The federal budget plan requires an amount of 3.7 thousand million euros for the 2013 budget in order to meet European objectives. This finds expression (i) in cost-cutting and (ii) in a number of new fiscal measures.
The law containing fiscal and financial measures of 13 December 2012 (Belgian Official Journal 20/12/2012) provides for a number of fiscal measures that were listed in the 2012 federal budget plan, but take effect from 2013 onwards. These can be found in our news article on the 2012 budget measures.
The programme law dated 27 December (Belgian State Gazette of 31 December 2012) has adopted a series of tax measures from the 2013 federal budget plan.
Meanwhile another bill of law was submitted at the Chamber, containing fiscal and financial measures, including among other things a revival plan on which an agreement was reached by the federal government already in summer 2012.
BDO follows the trends and developments in order to give you the very latest available information.
In what follows you will find a brief outline of the information currently available on the announced fiscal measures based on the 2013 federal budget plan and currenlty active legislation. These will exist alongside the 2012 budget measures.