What happened?

Today the Belgian Tax Authorities published an “administrative tolerance,” extending the deadline for certain taxpayers within the scope of the requirement to register under Belgium’s Pillar Two legislation.  The extended deadline will be applicable to multinational and large-scale domestic groups that do not (intend to) make advance payments in 2024 for the Belgian domestic top-up tax or the Income Inclusion Rule (IIR). These groups are permitted to submit their notification for registration to the Crossroads Bank for Enterprises on or before September 16, 2024. 

Why is it relevant?

This administrative tolerance does not apply to MNE groups and large-scale domestic groups who (wish to) make advance payments in 2024. For those groups, the deadline to submit the form remains as 30 days after the first day of the first fiscal year for which the group is in scope of Pillar Two (for groups with a fiscal year starting on or before June 14, 2024, this deadline remains July 15, 2024).