Sticky post

Cette publication n'est disponible qu'en anglais...

Sticky post

Dear Reader, We produce a quarterly newsletter to keep you updated on legal developments and important trends in the real estate sector. In this issue, you will read about what expected changes in international tax arena and Belgian tax law shall mean to your business: Belgian corporate tax reform Anti-Tax Avoidance Directive Option to subject leases to VAT Infrastructure Transfer taxes in the Walloon Region Click here to download the…...

Sticky post

We produce a quarterly newsletter to keep you updated on legal developments and important trends in the real estate sector. In this issue, we address the following topics: Real Estate Investment and Taxation -   Planned major reform of Belgian company law -   Capital gain due to a review of the sector plan – Walloon Region -   VAT regime of real estate (asset/property) management services Real Estate Management -    Repurchase right under economic…...

Sticky post

Click here to read the Real Estate Quarterly - Q1 2017  or view the document below....

Sticky post

Cette publication n'est disponible qu'en anglais....

Sticky post

Dear Reader, This quarterly newsletter aims to keep you informed about the main legal and tax items of the past and coming year in relation to your business and to provide you with the detail of our coming seminars. We hope this will be useful to you. Best wishes for 2017 and we will be happy to welcome you at our annual Real Estate seminars or to meet you at…...

Sticky post

Cette publication n'est disponible qu'en anglais....

Sticky post

Click here to read the Real Estate Quarterly - Q3 2016 or view the document below....

Sticky post

Cette publication n'est disponible qu'en anglais....

Sticky post

Cette publication n'est disponible qu'en anglais....

Sticky post

Click here to read the Real Estate Quarterly - Q1 & Q2 2016...

Sticky post

This quarterly newsletter aims to keep you informed about the main legal and tax items of the past and coming year in relation to your business and to provide you with the detail of our coming seminars. We hope this will be useful to you. Best wishes for 2016 and we will be happy to welcome you at our annual Real Estate seminars or to meet you at MIPIM. Click here…...

Sticky post

The Belgian Real Estate team is pleased to invite you to this year’s series of seminars. The topics will be: 26 January 2016 : Town-planning infringements When do we speak about ‘town planning infringement’? Practical examples and review of the categories of infringements. Which sanctions are applicable ? What is market practice ? Focus on the latest case law. Town planning infringements and asset deals: may the discovery of an…...

Sticky post

Download the full pdf version of Real Estate Quarterly – Q3 2015 By Ariane Brohez The Regions have authority to determine the base, rate and exemption for e.g. registration duties on mortgages; the Flemish Region is, since 1 January 2015, competent for the collection of these registration duties as well. Taxation (if any) on other security interests, like floating charges, remains within the remit of the Federal State. Mortgages (hypothèque…...

Sticky post

Download the full pdf version of Real Estate Quarterly – Q3 2015 By Ariane Brohez Since 14 August 2015, it is possible to ask for a ruling to Vlabel (Flemish tax administration) or ask for an interpretation based on a hypothetical or theoretical case. What should have been good news for taxpayers seeking an advance guarantee regarding the tax treatment of a transaction, turned into a nightmare after a few…...

Sticky post

Download the full pdf version of Real Estate Quarterly - Q3 2015 Operating permits for shopping centres and retail stores: status in the 3 Regions By Ariane Brohez, Martin Manzanera and Sophie Van Berkel Background Shopping centres and (large) retail stores underwent rapid growth at the end of 1920, forcing the Belgian legislator to intervene in 1937 through the so-called “Padlock Law” that provided basically for a ban on opening…...

Sticky post

Download the full pdf version of Real Estate Quarterly - Q3 2015 Self-supply of a new building: should the interim interest be included in the VAT taxable amount? By Hélène Bourleau The European Court of Justice (ECJ) has recently rendered a decision regarding the VAT taxable amount of the deemed “self-supply” which occurs when a building is used for a VAT exempt activity despite the previous deduction of the input…...

Sticky post

Download the full pdf version of Real Estate Quarterly - Q3 2015 VAT taxable leases of warehouses: new Ruling By Hélène Bourleau As opposed to a standard lease of immovable property, which is, in principle, exempt from VAT, the lease of storage space / warehouses can, under certain conditions, be subject to VAT. This, consequently, gives rise to a right to deduct input VAT in the hands of the lessor.…...

Sticky post

Download the full pdf version of Real Estate Quarterly - Q3 2015 Joint liability for tax and social debts: extension to the principal By Justine Thiry and Antoine Béchaimont The campaign against tax and social security fraud has always been on the agenda of the Belgian government – whatever its political persuasion. The construction industry, particularly sensitive to this issue, did not escape the regulatory determination of our politicians. The…...

Sticky post

Click here to read the Real Estate Quarterly - Q3 2015...

Sticky post

Download the pdf version of the Real Estate Quarterly - Q2 2015. Powers of taxation of the Belgian Regions: what’s new in Flanders ? By Ariane Brohez and Antoine Béchaimont In recent years and as a result of consecutive State reforms, a series of former "national" taxes have been devolved to the Regions, which have the power to determine the taxable base, the rate of tax and any exemptions. For…...

Sticky post

Download the pdf version of the Real Estate Quarterly - Q2 2015. Hotel business in Brussels  By Ariane Brohez and Antoine Béchaimont Since 1 July 2014 and the entry-into-force of the 6th State Reform, the Regions have the authority to regulate matters related to tourism, which include the authorisations needed to operate hotel businesses. The Brussels Ordinance of 8 May 2014 on tourist accommodation, issued under this new devolved authority,…...

Sticky post

Download the pdf version of the Real Estate Quarterly - Q2 2015. Acquisition through a joint venture: have you thought of the competition law aspects ? By Dominique Vanherck and Baptist Vleeshouwers Real estate investments are increasingly being channelled through joint ventures. Although this can be a helpful investment structure, joint venture arrangements may require competition authorities’ prior approval. The question then arises: have you paid due regard to the…...

Sticky post

In this issue, we address the following topics: Tenants in distress; Acquisition through a joint venture: have you thought of the competition law aspects ? Tax structuring:  what is still permitted?; Hotel business in Brussels; Powers of taxation of the Belgian Regions: what’s new in Flanders ? Download the pdf version of the Real Estate Quarterly - Q2 2015. Tenants in distress By Jean-Luc Hagon Belgian Insolvency law mainly consists…...

Sticky post

In this issue, you will find summaries of hot topics discussed during our 2015 real estate seminars: Soil aspects of corporate restructuring; Indexation in question; New environmental parking tax in Brussels; Warranty & Indemnity insurance. Download the pdf version of the Real Estate Quarterly - Q1 2015. Soil aspects of corporate restructuring When corporate law meets soil legislation… By Wim Vande Velde and Jasper Verberckmoes The interaction between the Belgian…...

Sticky post

Complex matters need to be looked at from different angles. Our real estate, corporate M&A and litigation experts have therefore combined their expertise to inform you about the growing use of Warranty and Indemnity Insurance as a possible M&A structuring / negotiating tool. This topic will be further discussed during our upcoming Real Estate Seminar (share deals in real estate transactions) on 26 March 2015. Those with experience of negotiating…...

Sticky post

Demain 1er juillet, la 6ème Réforme de l’Etat organisant des transferts de compétence conséquents de l’Etat Fédéral vers les Communautés et les Régions entre en vigueur. En matière d’impôt des personnes physiques, cette Réforme est déjà, aujourd’hui, une réalité. En effet, bien que les Régions ne seront compétentes qu’à partir du 1er juillet 2014, la régionalisation de l’IPP (au sens des lois de réforme) s’applique à compter de l’exercice d’imposition…...

Sticky post

Cette publication présente un aperçu du large éventail des aspects juridiques et fiscaux relatifs à l’investissement immobilier en Belgique. Il est destiné à répondre à un besoin croissant  d’information rapidement disponible concernant ces divers aspects. Il est le reflet de la  politique de notre cabinet d’extension et de partage de nos connaissances. Nous espérons que les informations contenues dans cette publication vous donneront une vision claire du secteur immobilier, qu’elles…...

Sticky post

Le 21 décembre 2013 deux arrêtés du Gouvernement de la Région de Bruxelles-Capitale   sont entrés en vigueur, à savoir l’arrêté du 2 mai 2013 adoptant la   modification partielle du Plan Régional d’Affectation du Sol (« PRAS ») et   l’arrêté du 26 septembre 2013 relatif aux charges d’urbanisme imposées à   l’occasion de la délivrance des permis d’urbanisme. 1         PRAS démographique : favoriser/faciliter la création de logements Dans…...

Sticky post

  In het Decreet van 27 oktober 2006 betreffende de bodemsanering en de bodembescherming (Bodemdecreet) heeft de Vlaamse overheid onlangs een nieuw artikel 33bis ingevoegd dat een bijkomende bodemonderzoeksplicht oplegt aan exploitanten van welbepaalde risico-inrichtingen. De nieuwe bepaling kadert in de omzetting van de verplichting tot opmaak van een situatierapport op grond van de Europese Richtlijn inzake industriële emissies (RIE-richtlijn 2010/75/EU). Deze regelgeving beoogt de nultoestand inzake bodemverontreiniging vast te…...

Sticky post

As from tax year 2014 (i.e. financial years ending on 31 December 2013 or in 2014 but at the latest on 30 December 2014), Belgian companies and Belgian establishments of foreign companies become subject to what is referred to as a “fairness tax” on distribution of dividends. The fairness tax is a separate assessment, at a rate of 5.15%, that targets distributed untaxed profits, i.e. profits that were not subject…...

Sticky post

At the beginning of 2013, certain changes were made to the Soil Decree and Flemish Soil Regulation (‘Vlarebo’) relating to the transfer and the co-financing of soil remediation works. In addition, a new ‘moment’ was introduced to perform an orientation soil survey of ‘risk land’. Administrative simplification prior to the transfer: unilateral undertaking and financial security Prior to the transfer of risk land requiring remediation, the transferor (or the transferee…...

Sticky post

The Belgian real estate market is facing several recent changes – mainly relating to taxation and town-planning matters – and we have noticed new trends, as in other European countries, relating to real estate and project financing. We briefly summarise these changes and trends below. Real estate acquisition and financing structuring New anti-abuse provision. In a nutshell, the new anti-abuse provision allows the tax administration, in the case of tax…...

Sticky post

The Belgian real estate market is facing several recent changes – mainly relating to taxation and town-planning matters – and we have noticed new trends, as in other European countries, relating to real estate and project financing. We briefly summarise these changes and trends below. Real estate acquisition and financing structuring New anti-abuse provision. In a nutshell, the new anti-abuse provision allows the tax administration, in the case of tax…...