Dauginet & Co

12 Tax regularizations

Tax regularization or tax rectification enables you to regularize any assets that have not been declared to the tax authorities in Belgium. An agreement with the tax authorities can settle such a situation, which may otherwise lead to various adverse tax consequences.

In this manner, it is possible to anticipate the expansion of the international exchange of information, the “Cayman tax” (“Kaaimantaks”) or questions of bankers. Even the possibility of inheritance tax planning will be open again after the regularization of such assets.