Belgium

(Rates 01/01/2000)

• Income tax: Progressive tax rate from 25 % to 55 %

            taxable income                                                marginal tax rate  

                             0 -   255,000 BFR                                     25 %

                 255,001 -   339,000 BFR                                     30 %

                 339,001 -   483,000 BFR                                     40 %

                 483,001 -1,110,000 BFR                                     45 %

             1,110,001 - 1,665,000 BFR                                     50 %

             1,665,001 - 2,443,000 BFR                                     52.50 %

              above 2,443,000 BFR                                              55 %

              On this calculated tax a crisis tax of 3 % will apply

• City tax: 6 - 8 % of taxable income

• Corporate income tax: 40.17 %

         Reduction for companies with income less than BFR 13,000,000

• Trade tax: none 

• Value added tax:  1/6/12 % (reduced), 21 % (general)

Social Security contributions:

For employee:

pension insurance: 7.50 %

health insurance: 4.70 %

unemployment insurance: 0.87 %

Annual ceiling amount: none

For employer:

pension insurance: 8.86 %

health insurance: 6.15 %

unemployment insurance: 1.46 %

accident insurance: 1.40 %

others: 14.57 %

Annual ceiling amount: none