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?
  
• 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?
  

  It is perhaps possible to recuperate a part of the withheld SRT or deduct it from other tax due in one of the other concerned participating member states. This implies of course that the competent authorities of the country concerned are informed about the account and the income.

  This possibility to this settlement and the conditions and modalities do not depend however on the Belgian legislation. This competence falls under each of the other concerned participating countries. We advise you to check this in the participating country.