Taxes on office buildings located in the capital Brussels are impacted by the reorganisation of the Region’s administrations. In addition, the COVID-19 crisis froze the construction sector, resulting in a significant loss of revenue for investors.
Since January 2018, the contributions have been regionalised and, in February 2020, the land registry administration was restructured, involving potential new positions in terms of property taxation.
Moreover, the lockdow put in place in order to contain the coronavirus pandemic has frozen the construction sector, suspending the processing of permits, delaying the issuance of docket warnings and causing a considerable loss of revenue for investors. Can one, in the Brussels Region, invoke unproductiveness (abolished) or force majeure?
In this context, are tax optimisations still possible?
Webinar
During a French-speaking, 45-minute webinar on Wednesday 29 April, Laurie Pilo, Managing Director of Ayming Belgium and Alexandra Dryjski, Senior Manager in Performance Finance, specialising in real estate taxes, invite you to discuss these topics together.
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