
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
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
Carbon Price: No carbon pricing instrument in place
Belgium does not have domestic taxes, but participates in the EU ETS