New year and therefore new fiscal year. And while waiting for future news (changes in real estate taxation, in the tax promotion of emerging companies, tax aid for digitization, ...) we can already highlight the following reforms produced recently, and which we consider to be the most relevant to take into account to be able to make the pertinent economic decisions this 2022 already started:

1. INCOME TAX OF INDIVIDUALS

1.1 Reduction limits in the tax base of contributions and contributions to social security systems

Local governments can fund social enterprises. The regulations on funding social enterprises are not crystal clear. This paper discusses the role of local governments in funding social enterprises, and the type of social enterprises that can be funded.

This article is only available in Dutch

It sometimes happens that jurisprudential decisions, especially those that touch social or political current affairs, are misrepresented by the press or reported by the same with excessive emphasis.

It was therefore not entirely surprising to the undersigned to read a comment on an order of Cassation, no. 19077 of 15/7 - 14/9 2020, in which it is interpreted as meaning that it cannot be said that the adult child has achieved economic independence when the child's jobs are not of a stable nature, a circumstance that would typically occur with fixed-term contracts.

Even before the global COVID-19 pandemic hit, retailers across the country were already prioritizing charitable giving despite the existing downward trend in sales and revenue.  With the recent global COVID-19 pandemic and the resulting lockdowns, closures, and bankruptcies, retail revenue has further decreased.  Still, some companies took this opportunity to contribute to communities in need during the pandemic.