Country Profile: Belgium

Tax to GDP ratio: 42.6%

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

Source: Centre for Economic and Policy Research

Aviation: Yes – tax in place

Belgium Plane tax

  • Short-haul flights (less than 500 km): €10 per passenger
  • Medium-haul flights (over 500 km within the European Economic Area, UK, and Switzerland): €2 per passenger
  • Long-haul flights (outside the EEA, UK, and Switzerland): €4 per passenger

Source

Carbon Price: No carbon pricing instrument in place

Belgium does not have domestic taxes, but participates in the EU ETS

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