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.
. For certain risks, failure to follow defined procedures could result in individual colleagues being directly liable to prosecution or regulatory penalties. 2.2.4 Failing to comply with this Policy can result in increased costs, wasted management time
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