Belgium as many other countries has concluded double taxation treaties in order to avoid individuals to be taxed twice on their income and foreign entities to be relieved from double corporate taxation. Belgium's double taxations agreements (DTAs) have been redacted according to the Organization of Economic and Cooperation and Development (OECD) Model Tax Convention on Income and Capital.
The first and most obvious goal of Belgian double tax treaties is to eliminate or decrease international double taxation. Aside from this, double tax treaties are also enabled to stop tax discrimination and to limit tax evasion and frauds. Double tax treaties also allow interchange of information between Belgian tax authorities and tax authorities from other countries. Belgium has concluded 88 double taxation treaties which are also meant to encourage foreign investment.
As mentioned above, Belgium has 88 double taxation avoidance treaties with countries all over the world. Some of these countries are:
Belgium also has double tax treaties with Australia, New Zealand, Hong Kong and Russia.
The Federal Public Services in Belgium is the main regulatory body when it comes to economic agreements. The Foreign Affairs department is in charge with the conclusion of economic agreements such as double tax treaties but also other agreements. Belgium has concluded social security agreements that are meant to watch over national and foreign employees and bilateral investment agreements (BITs) that are meant to draw and protect foreign investments.
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