tax

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.

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

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.

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

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... case, the taxable capital gain is the positive difference between the paid-out capital and this reserve.

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.

Whenever you request a cash surrender, the insurance company will send you a settlement form on which you can indicate your choice.This choice is valid for the entire tax year. Any revocation will take effect only for the following year.

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.

, contact details (e.g. telephone number, e- mail and fax), Tax Identification number ; - location data: street and number, postal code and country of residence; - personal data: marital status, partner identity, number of children, language; - financial... a legal or regulatory obligation This includes: - the preparation of legal or regulatory reports including those required to comply with our tax obligations (e.g. FATCA/CRSform); - detecting, preventing and combating money laundering, terrorism and

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2025 8 April 2026 MMoonumnumeenntt G Grrooup:up: P PUUBBLLIICC Table of Contents Samenvatting............................................................................................................................. 3 Executive Summary .................................................................................................................. 12 Business and Performance ....................................

a rebalancing exercise performed by the Company in 2023, moving corporate bonds into government bonds and on the other hand side by the application of the Loss Absorbing Capacity of Deferred Taxes for the first time in 2023. The absolute MCR

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2024 8 April 2025 MoMonumnumeennt Gt Grrooup:up: P PUUBBLILICC Table of Contents Samenvatting ............................................................................................................................... 5 Executive Summary .................................................................................................................... 13 A. Business and Performance ............................

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2022 8 April 2023 MMononuumentment GrGroouupp:: PUBPUBLICLIC Table of Contents Samenvatting............................................................................................................................. 4 Executive Summary .................................................................................................................. 12 A. Business and Performance ...................................

ethics, ▪ a Fit and Proper policy, ▪ an external mandates policy ▪ an anti-corruption policy and ▪ a policy of prevention in tax matters. ▪ Remuneration Policy MAB Remuneration Policy aims to promote sound and effective risk management including ESG... policy, Monument Assurance Belgium wishes to emphasize the importance of sustainability in its investments. In accordance with the provisions of Regulations (EU) 2019/2088 ("SFDR") and 2020/852 ("Taxonomy") and Directive 2017/828/EC with a view to

Monument Assurance Belgium Solvency and Financial Condition Report st at 31 December 2021 30 March 2022 Monument Group: PUBLIC Table of Contents Samenvatting............................................................................................................................. 4 Executive Summary .................................................................................................................. 11 A. Business and Performance ...................................................