
Country Profile: Belgium
Tax to GDP ratio: 42.38
Financial Transactions Tax (FTT): Yes – tax in place
Tax of .12% €1,200 for transactions of Bonds, 0.35% up to a maximum of €1,600 per transaction for transactions in shares and certificates of certain contractual investment funds, 1.32% up to a maximum of €4,000 per transaction for transactions in investment funds. Transactions made for its own account by non-resident taxpayers and by some financial institutions, such as banks, insurance companies, organizations for financing pensions (OFPs) or collective investment are exempted from the tax
Aviation: No information available
- Domestic flights: VAT: 6%
- International flights: Not specified
Beneficiary of aviation tax: Not specified
Source: European Commission: CE Delft and Directorate-General for Mobility and Transport, Taxes in the field of aviation and their impact – Final report, Publications Office, 2019
Carbon Price: No carbon pricing instrument in place
Belgium does not have domestic taxes, but participates in the EU ETS