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Europe Daily Bulletin No. 11338

19 June 2015
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Taxation on real estate - Belgium referred to Court

Brussels, 18/06/2015 (Agence Europe) - On Thursday 18 June, the European Commission referred Belgium to the Court of Justice of the EU, as the country applies different methods for assessing and taxing income earned by its residents from their real estate investments, depending on whether the property is located in Belgium or another member state.

Under this scheme, revenue earned from real estate located abroad is assessed at a higher value than that from comparable property in Belgium....

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