20 Oct
Double taxation refers to the fact that two countries collect simultaneously taxes on the same company. This situation often arises when companies have subsidiaries or branches in various countries.
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Belgium is a organized in regions and provinces, which means that tax rates may differ from one province to another. Taxes are collected on both state and local level. At local level, property taxes and various fees are collected .
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In Belgium, companies usually have to pay various taxes, depending on the type of company, their activities, gained capital and other factors.
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Tax payment in a country is considered the main income source in order to provide for need of the people and legal entities. Belgium is one of the most progressive countries in the EU because of its efficient tax system.
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