Prospection Visit to Budapest, Hungary 

The current account, very important but often forgotten

As an entrepreneur, you often use a company to conduct your activities. When things are going well, there is usually little time and attention for the legal and fiscal implications (and opportunities) of what is happening with the figures and the accounting of the company.

Cayman Tax and Double Taxation Treaties: Recent Developments and Points of Attention

Cayman Tax and Double Taxation Treaties: Recent Developments and Points of Attention. On December 11, 2024, the Belgian tax authorities published a new administrative circular. This document formalizes the double taxation of Belgian taxpayers who are “founders” of a “legal arrangement” under the Cayman Tax framework.In the circular, the tax authorities reserve the right to tax income received by a foreign structure in the hands of its Belgian founder, even when the power to tax such income does not belong to Belgium under a double taxation treaty (DTT).The reasoning is that DTTs aim only to prevent juridical double taxation (where the same income is taxed twice for the same taxpayer) and not economic double taxation (where the same income is taxed twice for two different taxpayers).

Interview with Concierge Magazine

“Small is beautiful,” begins Jo Vanbelle, managing partner of Vanbelle. The international law expert is joined at his Brussels bureau by a team of several highly qualified, trained and experienced lawyers, all of whom speak multiple languages. “It’s a simple and efficient structure,” reflects the lawyer. “Everyone is equal and the whole team works together.”