FAQ

• A new legislation on the taxation of savings?
  
• Why this new legislation? Resources?
  
• Exchange of information? Taxation at the source?
  
• Which percentage will be applied as SRT? Quid with the Belgian withholding tax?
  
• How about the Bank confidentiality?
  

  The Belgian bank confidentiality will only be abolished when Belgium will change to the system of exchange of information. In principle, Belgium will only do this when a number of countries and third territories (such as Switzerland, Liechtenstein, San Marino, Monaco and Andorra) also accept to proceed to exchange of information.

• Is this related to me? If yes, what does it involve?
  
• Which are the concerned investments or credit balances?
  
• On which part of the income from an investment fund does the SRT apply?
  
• How can I avoid State of residence tax?
  
• Can I recover the SRT or deduct it from other taxes?