Belgium Taxation System
Understanding the rules and requirements of the Belgium taxation system is essential to achieve long term business success
In order to effectively work, earn and employ people in Belgium, a thorough understanding to the Belgium taxation system is essential. Taxes are collected on both a state and national level. Federal taxes are the most important and they include income tax, value added tax, social security and corporate tax. Additionally, property tax and other taxes are collected at a state level. Social service contributions affect employee income and there are various tax allowances that can be deducted. Whether you are self-employed or run a large company, failing to understand the Belgium taxation system could negatively affect your success in the long term.