Taxation | Belgium
SICAVs enter into the scope of application of the “Cayman tax”
09 March 2017
The Belgian government extended the scope of application of the look-through taxation of private wealth structures in Belgium to SICAVs (Société d'Investisement à Capital Variable). This so-called "Cayman tax” entered into force as part of a broader shift from tax on labour to a taxation of specific products and transactions, now also including Luxembourg SICAVs.