This is more relevant to taxation than any other field. A tax administration dispute can have a huge impact on your business activity so you must keep your finger on the pulse in tax cases.
Personal income tax
What is personal income tax?
Personal income tax relates to salaries, pensions, professional income, real estate income, and certain investment income, taking into account deductions, exemptions, and the individual’s family situation. It is a crucial area for business leaders, shareholders, and self-employed professionals, where private and professional income are often closely intertwined.
Our approach:
Personal income tax can be a complex area, with rules and exceptions that often cause confusion. What seems straightforward can quickly result in unexpected assessments or legal issues. We provide expert guidance to help you navigate this complexity and optimize your tax position.
Our expertise in this field:
We focus on advising on complex tax matters and representing your interests in disputes with the tax authorities. Whether it involves filing an objection, negotiating, or defending your rights in legal proceedings, our specialists are ready to assist. With our in-depth knowledge of the law and a personalized approach, we help you mitigate tax risks and capitalize on opportunities, allowing you to conduct your affairs with confidence.
In practice? Illustrative cases:
CASE
A B&B operator initially incurred losses due to significant investments but expected future profits. The tax authorities questioned the deductibility of these losses, arguing that the activity was merely a hobby rather than a professional undertaking. Following an administrative procedure, the objection was upheld, and the full assessment was rescinded.
CASE
A retired Dutch national residing in Belgium received an additional Dutch pension. This supplementary pension was incorrectly taxed in Belgium, as it was mistakenly assumed that he had received a Belgian tax reduction, which was not the case. After the tax authorities issued a negative decision on the submitted objection, Team TAX filed a request for correction. The authorities had clearly overlooked a factual element, which allowed a judicial procedure to be avoided. This resulted in a cost-efficient solution, with the tax authorities issuing a favorable decision on the request for correction.
CASE
Since 2019, Belgian employers are required to report the allocation of RSUs (Restricted Stock Units) and ESOPs (Employee Stock Ownership Plans) on tax forms. This new obligation led to audits by the tax authorities on previously unreported income from earlier years.
Failure to report this professional income was severely penalized, with extended assessment periods and a 50% tax increase. Team TAX demonstrated that employees had been incorrectly advised in the past, which excluded any tax evasion and extended assessment periods.
Schedule a meeting?
Are you facing a similar issue or do you have questions following this case? We’d be glad to assist you – don’t hesitate to get in touch with team TAX: TeamTax@Tuerlinckx.eu
“Tax is everywhere”
“Better safe than sorry”.
This is more relevant to taxation than any other field. A tax administration dispute can have a huge impact on your business activity so you must keep your finger on the pulse in tax cases.
At Tuerlinckx Tax Lawyers, we offer specialised tax advice so that you can sleep soundly as an entrepreneur. We optimise your tax position and minimise associated risks, allowing you to focus on your core business.
Advice
Disputes
Are you looking for tax advice based on a firm foundation, written in regular language and which offers a viable solution? Then you have come to the right place at Tuerlinckx Tax Lawyers! We supplement classic tax advice with a tax risk analysis to ensure that a structure passes the tax administration or court review. Together, we go for well-founded solutions that meet both short and long-term objectives.
Count on the CORPORATE team for assistance with tax audits and discussions with the tax administration, both at the administrative stage and in court. We ascertain precisely what the tax administration will and will not allow in the specific tax files. We also explore the viability of the tax authority’s claims and the arguments you could use to make a difference in court.
Regularisations
Rulings
What if some components of your assets have not been subjected to the correct tax regime? You can still realise a rectification within a legally prescribed framework, through tax regularisation. The experts at Tuerlinckx Tax Lawyers can analyse how to use this tax technique correctly and guide you through the rest of a case.
Naturally, you want maximum certainty about the tax implications of the activities you undertake. With a tax ruling, you make clear and binding agreements with the tax authorities in advance. That legal certainty provides additional peace of mind and comfort in tax discussions. At Tuerlinckx Tax Lawyers, we have the required expertise and experience to properly guide you and your advisers through this complex process.
Advice
Are you looking for tax advice based on a firm foundation, written in regular language and which offers a viable solution? Then you have come to the right place at Tuerlinckx Tax Lawyers! We supplement classic tax advice with a tax risk analysis to ensure that a structure passes the tax administration or court review. Together, we go for well-founded solutions that meet both short and long-term objectives.
Disputes
Count on the CORPORATE team for assistance with tax audits and discussions with the tax administration, both at the administrative stage and in court. We ascertain precisely what the tax administration will and will not allow in the specific tax files. We also explore the viability of the tax authority’s claims and the arguments you could use to make a difference in court.
Regularisations
What if some components of your assets have not been subjected to the correct tax regime? You can still realise a rectification within a legally prescribed framework, through tax regularisation. The experts at Tuerlinckx Tax Lawyers can analyse how to use this tax technique correctly and guide you through the rest of a case.
Negotiations
Tuerlinckx Tax Lawyers are experienced negotiators. Our priority is always the best possible deal for our clients. Whether it concerns contract negotiations, settlements or business transactions, we provide the lasting and most beneficial solution!
