Annex

TABLE OF TARIFFS

I. LAND-TAX (TAX ON INCOME FROM LANDED PROPERTY)

Seven per cent of cadastral income, plus additional centimes levied on behalf of the provinces and communes at varying rates according to the localities.

II. TAX ON INCOME FROM PERSONAL PROPERTY1

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A. Income of Belgian Origin

                       

Percentage rate of tax
1. Income from shares in commercial or non-commercial companies and partnerships having their head office or principal administrative establishment2 in Belgium, except as provided in No. 11 below3	22
2. Income from bonds or other debts incurred by the companies or partnerships mentioned in No. 1, except as provided in No. 13 below3	15
3. Income from debts4 incurred by individuals or companies and partnerships other than those mentioned above	15
4. Income from deposits4 other than those specified under Nos. 8 to 11 below	15
5. Income from the rent, lease, use or concession of all personal property (but see, as regards hunting and fishing rights, letter D below)	15
6. Income from capital invested in companies, other than share companies, by sleeping partners	105
7. Income from bonds issued by the Belgian State, the provinces, communes and other public bodies1 and from debts incurred by them	2
8. Income from deposits with the Caisse générale d’Epargne et de Retraite and the Caisse des Dépôts et Consignations2	2
9. Income from deposits with other public savings banks2 3	2
10. Income from loans granted after July 1st, 1932, to agricultural or commercial enterprises which have their seat in Belgium, provided it is shown that such loans were specially intended to provide employment4	2
11. Income from deposits with private savings banks satisfying certain conditions 2 3 5	5

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B. Income of Foreign Origin or Income assimilated there$$$to

       

12. Income from shares, referred to in No. 1, in a proportion corresponding to profits earned and taxed abroad6	6
13. Income of foreign origin other than that mentioned above (income from foreign shares or bonds, foreign State funds, foreign debts, foreign deposits, real estate situated abroad, etc.)	6
14. Income from bonds issued abroad for the needs of foreign establishments7	5
15. Income from sums of money deposited in Belgium by individuals or legal entities having no domicile, residence or establishment in the country8	5

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C. Income other than Annual Income

16. Premiums of prizes of national public funds:

           

	Percentage rate of tax
Not exceeding 25,000 francs	3
Not exceeding 50,000 francs	4
Not exceeding 100,000 francs	6
Not exceeding 150,000 francs	8
Exceeding 150,000 francs	10

D. Special Tax assimilated to Personal Property Tax, deducted at Source

 

17. Yield from lease of hunting and fishing rights1

10

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III. PROFESSIONAL TAX (TAX ON INCOME FROM TRADE AND PROFESSIONS)

                         

Income2 (in francs)	Percentage applicable to the total amount of income$$$2	Amount of the tax corresponding to the income equal to the first figure of the “Income” column (in francs)3
1. Not exceeding 50,0004
2. Exceeding 50,000:
From:
50,000 to 60,000	5.0	2,500
60,000 to 70,000	5.5	3,300
70,000 to 90,000	6.0	4,200
90,000 to 110,000	6.5	5,850
110,000 to 130,000	7.0	7,700
130,000 to 150,000	7.5	9,750
150,000 to 175,000	8.0	12,000
175,000 to 200,000	8.5	14,875
200,000 and upwards	9.0

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IV. COMPLEMENTARY PERSONAL TAX

                                 

Taxable basis1 (in francs)	Percentage applicable to the total amount of the taxable basis	Amount of tax corresponding to the income equal to the first figure of the “Taxable basis” column (in francs)
1. Not exceeding 15,000	nil	Nil
2. From 15,000 to 25,000	1	150
25,000 to 50,000	1.5	250
50,000 to 75,000	2	625
75,000 to 100,000	2.5	1,125
100,000 to 125,000	3	1,750
125,000 to 150,000	4	2,500
150,000 to 175,000	5	3,500
175,000 to 200,000	6	4,750
200,000 to 225,000	8	6,250
225,000 to 250,000	10	8,250
250,000 to 275,000	12	10,750
275,000 to 300,000	14	13,750
300,000 to 325,000	16	17,250
325,000 to 350,000	18	21,250
350,000 and over	20	25,750

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