On March 13, the Belgian Chamber of Representatives approved Bill No. 56K1249001, introducing changes to tax reporting rules aligned with EU and OECD frameworks.
The legislation transposes Directive 2023/2226/EU (DAC8), updates common reporting standard (CRS) provisions, and incorporates the OECD Crypto-Asset Reporting Framework (CARF).
The approved measures include:
- Introduction of CARF obligations
- A unified CARF framework is introduced for crypto-asset service providers.
- Requirements include expanded reporting, nil-filing obligations, domestic transaction reporting, and 10-year record-retention.
- Applicable from Jan. 1.
- Expanded registration requirements
- New and revised registration and…
