The Corporate Tax Rate in Belgium stands at 25 percent. This dataset provides - Belgium Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the company profit tax rates in Belgium, Luxembourg and the Netherlands as of November 2019. As of November 2019, the company profit tax rate in Belgium reached 33percent, which was the highest in the Benelux region.

Belgium BE: Total Tax Rate: % of Profit data was reported at 55.400 % in 2019. This records a decrease from the previous number of 57.700 % for 2018. Belgium BE: Total Tax Rate: % of Profit data is updated yearly, averaging 57.900 % from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 60.100 % in 2005 and a record low of 55.200 % in 2009. Belgium BE: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.

Between 2009 and 2021, the highest individual income tax in Belgium did not change. In this time period, the personal income was fixed at 50 percent. Individidual income tax rates or tax wedges consist of personal income tax and social security contributions from both employers and employees. When looking at personal income tax alone, the average Belgian paid significantly less. A single person with an average income paid an income tax of almost 20 percent in 2019.

The statistic represents the business tax rate in European Union and EFTA countries in 2012, by tax category. In 2012, a medium sized business in Belgium had to pay about 6.4 percent of profit taxes.

This statistic shows the personal income tax rates in the Benelux region (which consists of Belgium, Luxembourg and the Netherlands) in 2022. As of 2022, the personal income tax rate in Belgium reached 52.9 percent, which was the highest in the Benelux region. The personal income tax rate for the Netherlands was 49.5 percent, and for Luxembourg it was 45.8 percent.

This statistic shows the corporate dividend tax rates in Belgium, Luxembourg and the Netherlands in 2023. The dividend rate is the total amount of the expected dividend payments from an investment, fund or portfolio expressed on an annualized basis plus any additional non-recurring dividends that may be received during that period. As of 2023, the corporate dividend tax rate in Luxembourg reached 42 percent, which was the highest in the Benelux region.

Belgium BE: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data was reported at 57.392 % in 2022. This records an increase from the previous number of 54.956 % for 2021. Belgium BE: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data is updated yearly, averaging 57.822 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 60.123 % in 2002 and a record low of 54.290 % in 2019. Belgium BE: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;

This statistic shows the answers to a survey question on the most problematic factors for doing business in Belgium according to business executives in 2017. According to the respondents, tax rates were the leading problematic factor for doing business in Belgium. The concentration ratio, a measure of the percentage market share in an industry held by the largest firms within that industry, was 66.2 percent for banking in Belgium in 2016. The Belgian banking sector has two important characteristics. First, banking is deemed an important part of Belgian culture with a relatively high number of bank offices in the country. In 2015, for example, the total number of offices of banks established in Belgium reached 4,519 in the Flemish region. This is due to the fact that many banking offices in Belgium are managed by entrepreneurs who are not directly on the payroll of the bank itself. Consequently, the decrease of bank branches, which characterizes the financial sector in most European countries, happens at a slower rate. Between 2008 and 2015, the population serviced by one credit institution increased from approximately 102,000 people in 2008 to approximately 113,000 people in 2015.

Road taxes are part of the income generated from the use of motor vehicles. As of 2019, the federal government of Belgium received approximately 1.72 billion euros, slightly less than in 2018. The state income on road tax in the Netherlands generated roughly 20.02 billion euros in 2018, whereas it is estimated that the income on road tax in 2019 is going to be a little more.

Belgium BE: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data was reported at 25.473 % in 2022. This records a decrease from the previous number of 26.999 % for 2021. Belgium BE: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data is updated yearly, averaging 25.426 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 26.999 % in 2021 and a record low of 24.083 % in 2014. Belgium BE: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;

Belgium BE: Revenue and Grants: Revenue: Taxes on Exports data was reported at 0.000 EUR mn in 2021. This stayed constant from the previous number of 0.000 EUR mn for 2020. Belgium BE: Revenue and Grants: Revenue: Taxes on Exports data is updated yearly, averaging 0.000 EUR mn from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 0.000 EUR mn in 2021 and a record low of 0.000 EUR mn in 2021. Belgium BE: Revenue and Grants: Revenue: Taxes on Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;

This statistic displays the total value of taxes in Belgium from 2007 to 2021, by region. In 2021, the total taxes in the Flemish Region amounted to about 33.7 billion euros, whereas taxes reached 14.4 billion euros in Wallonia and only around 4.3 billion euros in the Brussels-Capital Region.

Forecast: Environmentally Related Tax Revenue from Taxes on Transport in Advertising and Market Research in Belgium 2022 - 2026 Discover more data with ReportLinker!

Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Manufacture of Motor Vehicles, Trailers and Semi Trailers data was reported at -0.400 EUR mn in 2019. This stayed constant from the previous number of -0.400 EUR mn for 2018. Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Manufacture of Motor Vehicles, Trailers and Semi Trailers data is updated yearly, averaging -0.300 EUR mn from Dec 2014 (Median) to 2019, with 6 observations. The data reached an all-time high of -0.300 EUR mn in 2017 and a record low of -0.400 EUR mn in 2019. Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Manufacture of Motor Vehicles, Trailers and Semi Trailers data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Belgium – Table BE.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.

Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Manufacture of Chemicals and Chemical Products data was reported at -3.100 EUR mn in 2019. This records a decrease from the previous number of -2.800 EUR mn for 2018. Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Manufacture of Chemicals and Chemical Products data is updated yearly, averaging -2.400 EUR mn from Dec 2014 (Median) to 2019, with 6 observations. The data reached an all-time high of -1.700 EUR mn in 2015 and a record low of -3.100 EUR mn in 2019. Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Manufacture of Chemicals and Chemical Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Belgium – Table BE.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.

This statistic shows the total profits before taxation of Nestlé Belgilux from 2010 to 2018 (in thousand euros). In 2018, Nestlé's branch in Belgium and Luxembourg had a total profits before taxation of approximately 44.4 million euros. This is an increase when compared to the previous year.

Nestlé Belgilux NV is a branch of Nestlé responsible for the production, import and export of food products in Belgium and Luxembourg. It has offices in Brussels and Anderlecht, as well as a factory for Etalle in the Belgian province of Luxembourg, responsible for the production of the brands Pure Life and Valvert. The company originally established in Belgium in 1925.

Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Repair and Installation of Machinery and Equipment data was reported at 0.000 EUR mn in 2019. This stayed constant from the previous number of 0.000 EUR mn for 2018. Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Repair and Installation of Machinery and Equipment data is updated yearly, averaging 0.000 EUR mn from Dec 2014 (Median) to 2019, with 6 observations. The data reached an all-time high of 0.000 EUR mn in 2019 and a record low of 0.000 EUR mn in 2019. Belgium Business Sector: Other Taxes Less Other Subsidies on Production: Repair and Installation of Machinery and Equipment data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Belgium – Table BE.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.

In 2023, 30 percent of Belgian internet users did their tax declarations online by themselves. A further 20 percent said it was done automatically, without them having to make any adjustments.

The Computer Consultants industry has expanded in the wake of technological development across Europe. Computer consultants have benefitted from providing services to clients in all sectors of the European economy, meaning demand is more resilient and limiting revenue volatility. The level of business sentiment, which is affected by wider economic conditions, plays a big part in businesses' willingness to spend on computer consultants' services. Revenue is expected to contract at a compound annual rate of 0.6% over the five years through 2024 to €437.2 billion. Solid business sentiment raised the likelihood of businesses investing in IT systems and upgrades. This, combined with rising consumer sentiment, drove demand for computer consultants. Despite pressures in 2020 amid the pandemic, computer consultants were less affected than the wider economy due to the essential and digital nature of the industry. Recovering economic conditions and growing business investment as pandemic-related fears eased across Europe drove revenue expansion. Revenue is set to edge downwards by 1.4% in 2024. Despite greater demand, intensifying competition has weighed on the average profit margin. Revenue is forecast to expand at a compound annual rate of 4.5% over the five years through 2029 to €545.4 billion. Continued IT adoption across the European economy and technological advancements (e.g. AI, cloud computing and 5G mobile technology) will fuel demand for computer consultants. Implementing a minimum global corporate tax could cause a locational shift for consultants and their downstream clients.