Foreign constructions must be mentioned on the personal income tax statement

Taxpayers with an interest in a legal construction must declare this in their personal income tax statement from now on.

Legal constructions are private equity structures such as trusts or foundations and foreign constructions in tax havens.

The taxpayer must indicate whether s/he, the partner or children are founder-member or beneficiary of such private equity structure. The name of the founder-member or beneficiary must also be mentioned on the tax statement.

Below is a list of foreign constructions that have to be declared, in the way it was published in the Belgian Official Gazette (Dutch version of the Belgisch Staatsblad).

1° American Virgin Islands:

Exempt Company;

2° Anjouan (Comores) :

International Business Company;

3° Antigua and Barbuda :

International Business Company;

4° Anguilla :

International Business Company

5° Aruba :

Stichting Particulier Fonds;

6° Bahamas :

International Business Company;

7° Bahamas :

Foundation;

8° Barbados :

International Business Company;

9° Barbados :

International Society with Restricted Liability;

10° Belize :

International Business Company;

11° Bermuda :

Exempt Company;

12° British Virgin Islands:

Company;

13° Brunei :

International Business Company;

14° Cayman Islands:

Exempt Company;

15° Cook Islands:

International Company;

16° Costa Rica :

Company;

17° Djibouti :

Exempt Company;

18° Dominica :

International Business Company;

19° Isle of Man :

Company;

20° French Polynesia :

Société;

21° Grenada :

International Business Company;

22° Guam :

Company;

23° Guatemala :

Fundación;

24° Guernsey :

Company;

25° Guernsey :

Foundation;

26° Hong Kong :

Private Limited Company;

27° Jersey :

Company;

28° Jersey :

Foundation;

29° Labuan (Malaysia) :

Offshore Company;

30° Lebanon :

Sociétés bénéficiant du régime des sociétés offshore;

31° Liberia :

Non-resident company;

32° Liechtenstein :

Stiftung;

33° Liechtenstein :

Anstalt;

34° Luxembourg :

Société de gestion Patrimoine Familiale;

35° Macau :

Fundação;

36° Maldives:

Company;

37° Marshall Islands:

International Business Company;

38° Mauritius :

Global Business Company category 1;

39° Mauritius :

Global Business Company category 2;

40° Micronesia :

Company;

41° Monaco :

Foundation;

42° Montserrat :

International Business Company;

43° Nauru :

Company;

44° Nauru :

Autres formes de sociétés négociées avec le gouvernement;

45° Dutch Antilles:

Stichting Particulier Fonds;

46° New-Caledonia :

Société;

47° Niue :

International business company;

48° Northern Mariana Islands:

Foreign sales corporation;

49° Palau :

Company;

50° Panama :

Fundación de interés privado;

51° Panama :

International Business Company;

52° Saint Kitts and Nevis :

Foundation;

53° Saint Kitts and Nevis :

Exempt Company;

54° Saint Lucia :

International Business Company;

55° Saint Vincent and the Grenadines :

International Business Company;

56° Salomon  Islands:

Company;

57° Samoa :

International company;

58° San Marino :

Fondazione;

59° Sao Tomé and Principe :

International Business Company;

60° Seychelles :

International business company;

61° American State Delaware:

Limited Liability Company;

62° American State Wyoming :

Limited Liability Company;

63° Turks- and Caicos Islands:

Exempt Company;

64° Tuvalu :

Provident Fund;

65° Uruguay :

Sociedad Anónima Financiera de Inversión;

66° Vanuatu :

Exempt Company;

67° Vanuatu :

International company;

68° United Arab Emirates :

Offshore Company;

69° Switzerland :

Foundation.