Anyone else in sunny (well, it is today) Belgium who use Itecs?
I had a call on Friday to say that the Belgian Tax Authority had changed the rules and no longer recognizes the non tax-resident status of contractors.
Reading between the lines (there were some dodges, but I think their business model has now gone the way of the dodo) it appears full tax will need to be paid from Jan 1 2009.
This is apparently a crackdown on all companies using this loophole, but that Itecs had been judged to have behaved legally in the past so there was no retrospective tax due, unlike some of the other companies.
I'm not sure what to do as I do not mind complying with the new rules (ok, it hurts but I made hay while the sun shone), yet a local accountant may be a better option.
So, anyone else with Itecs, and does anyone trade in another manner?
Regards to all,
Jenever
I had a call on Friday to say that the Belgian Tax Authority had changed the rules and no longer recognizes the non tax-resident status of contractors.
Reading between the lines (there were some dodges, but I think their business model has now gone the way of the dodo) it appears full tax will need to be paid from Jan 1 2009.
This is apparently a crackdown on all companies using this loophole, but that Itecs had been judged to have behaved legally in the past so there was no retrospective tax due, unlike some of the other companies.
I'm not sure what to do as I do not mind complying with the new rules (ok, it hurts but I made hay while the sun shone), yet a local accountant may be a better option.
So, anyone else with Itecs, and does anyone trade in another manner?
Regards to all,
Jenever
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