On 30 October 2026, the Belgian Parliament formally adopted legislation implementing the EU’s Directive on Administrative Cooperation (DAC9) alongside critical amendments to the domestic Pillar Two framework. The most impactful change extends the filing deadline for the Qualified Domestic Minimum Top-up Tax (QDMTT) return from eleven months to fifteen months after the end of the fiscal year. This alignment provides multinational enterprise (MNE) groups with a four-month additional window to calculate and report top-up tax liabilities under the OECD/G20 Global Anti-Base Erosion (GloBE) rules. The legislation also transposes DAC9 reporting obligations for crypto-asset service providers and high-value goods, broadening the automatic exchange of information regime. These measures enter into force for fiscal years beginning on or after 31 December 2023, with immediate implications for 2024 and 2025 reporting cycles.
Key Takeaways
- Extended QDMTT Filing Window: The deadline shift from eleven to fifteen months post-fiscal-year-end significantly eases compliance pressure for Belgian-headquartered groups and domestic subsidiaries of foreign MNEs, allowing more time for complex GloBE calculations, data aggregation across jurisdictions, and interaction with tax authorities on safe harbor applications.
- DAC9 Crypto-Asset Reporting Obligations: Belgian crypto-asset service providers (CASPs) must now collect and report detailed transaction data on clients resident in other EU Member States, including identity, transaction volume, and wallet addresses. This expands the administrative burden beyond traditional financial institutions and requires robust IT systems for data validation and secure transmission to the Belgian Tax Administration via the MyMinfin portal.
- High-Value Goods Transaction Reporting: The new rules mandate reporting for movements of high-value goods (exceeding EUR 50,000) such as art, precious metals, and vehicles. Entities facilitating these transactions must verify beneficial ownership and report cross-border movements, introducing a new compliance layer for luxury goods dealers, auction houses, and logistics providers operating in Belgium.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement