capital

Realized capital losses may be deducted from realized capital gains, provided they relate to the same category of financial assets and were realized in the same year.Capital losses are always deducted through the tax return (see below). You must therefore request this deduction yourself.However, it is not possible to carry forward capital losses to the following year.

This 10% capital gains tax applies to natural persons with a tax residence in Belgium and non-profit associations and foundations with the exception of those that are being recognised as tax deductible for gifts. Natural persons with a tax residence outside Belgium and legal entities (such as companies that are subject to corporate income tax) are exempt from capital gains tax.

When a life insurance policy is subject to capital gains tax, the tax is due as soon as a capital gain is realized upon surrender or upon the payment of the death benefit at the end of the policy term.If the policy is paid out following the death of the insured, the beneficiaries under the death benefit clause do not have to pay any capital gains tax on the realized gains. It goes without saying, however, that inheritance tax may still be due in accordance with applicable law.

There are two ways to collect capital gains tax. The standard method is withholding tax (opt-in). The standard method provided for by law is withholding at source. This means that the insurance company automatically withholds the tax when the lump-sum payment is made and remits it to the tax authorities. You can include these capital gains on your tax return to take advantage of the annual exemption and to deduct any capital losses. With the other method, there is no withholding tax (opt-out

A 10% tax applies to capital gains realized upon surrender or maturity of certain life insurance policies. More specifically, the following policies are affected: Branch 21 savings insurance: for which the eight-year term has expired with death... to withholding tax on interest income, no capital gains tax will apply. This capital gains tax does not apply to second- and third-pillar insurance contracts (group insurance, individual pension commitments, CPTI, PLCI, pension savings insurance, and

There is a basic annual exemption of €10,000 per taxpayer on the total capital gains realized during a single year. This amount is adjusted annually.Taxpayers who do not use the exemption may carry forward a maximum of 1,000 euros to the following year for up to 5 years, up to a total of 15,000 euros.

The capital gains tax rate is 10%. Capital gains tax applies only to capital gains realized on or after January 1, 2026. Capital gains accrued before that date are exempt. For contracts entered into on or after January 1, 2026, the taxable capital gain is the positive difference between the paid-out capital and the total amount of premiums paid. For contracts entered into before January 1, 2026, the reserve as of December 31, 2025 (the “snapshot date”) serves as the reference value. In this

extra-légale repris sous rubrique. La liquidation se fera sous forme de capital. Le paiement du capital dégagera l’assureur de toute obligation relative aux primes d’assurance déjà versées. (4) déclare être une personne politiquement exposée (voir note... : ............................................................................................................................................. IBAN                (en Belgique, les 2 premiers caractères sont BE) BIC      (à compléter si l'IBAN ne commence pas par BE) Par montant disponible, il faut entendre le capital après

extra-légale repris sous rubrique. La liquidation se fera sous forme de capital. Le paiement du capital dégagera l’assureur de toute obligation relative aux primes d’assurance déjà versées. (4) déclare être une personne politiquement exposée (voir note... : ............................................................................................................................................. IBAN                (en Belgique, les 2 premiers caractères sont BE) BIC      (à compléter si l'IBAN ne commence pas par BE) Par montant disponible, il faut entendre le capital après

extra-légale repris sous rubrique. La liquidation se fera sous forme de capital. Le paiement du capital dégagera l’assureur de toute obligation relative aux primes d’assurance déjà versées. (4) déclare être une personne politiquement exposée (voir note... : ............................................................................................................................................. IBAN                (en Belgique, les 2 premiers caractères sont BE) BIC      (à compléter si l'IBAN ne commence pas par BE) Par montant disponible, il faut entendre le capital après

.................................................................................. 76 D.5 Any other material information ...................................................................................... 76 E. Capital Management... ........................................... 77 E.1 (b) Information on Own Funds by Tier and the amount eligible to cover the Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR) .................................................. 78 E.1 (c) Material differences

methods for valuation ................................................................................... 75 D.5 Any other material information ....................................................................................... 75 E. Capital... ....................................................................................................................... 75 E.1 (a) Objectives, policies and processes for managing Own Funds ............................................ 75 E.1 (b) Information on Own Funds by Tier and the amount eligible to cover the Solvency Capital Requirement (SCR) and Minimum Capital

.......................................................................................... 74 D.5. Any other material information .............................................................................................. 74 Capital Management ..................................................................................................... 75 E.1. Own funds ............................................................................................................................... 75 E.2. Solvency Capital Requirement (SCR) and

....................................................................................... 74 E. Capital Management ..................................................................................................... 75 st Solvency and Financial Condition Report 31 December 2022 Page 2 of 60 MMononuumentment GrGroouupp:: PUBPUBLICLIC E.1 Own funds ...................................................................................................................... 75 E.2 Solvency Capital Requirement (SCR) and

.............................................................................................. 68 E. Capital Management ..................................................................................................... 68 st Solvency and Financial Condition Report 31 December 2021 Page 2 of 60 Monument Group: PUBLIC E.1 Own funds ............................................................................................................................... 68 E.2 Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR) ................... 72 E.3 Use of the

portfolios, primarily those in run-off, and targeting annuity, guaranteed savings or protection product lines; and ▪ Drive risk diversification and create capital synergies in line with the Monument Group strategy. We position ourselves as a trusted long-term.... Scope This policy aims to : • Closely monitor invested companies by assessing their strategy, financial and non-financial performance, risk management, capital structure, social and environmental impact, and corporate governance. • Actively exercise our