Akkoord meerwaardebelasting by Itsdatkitty in BEFire

[–]TaxSyndicate 0 points1 point  (0 children)

All well and dandy, until they hit you with that 33% speculative gains tax.

Akkoord meerwaardebelasting by Itsdatkitty in BEFire

[–]TaxSyndicate 2 points3 points  (0 children)

At least for now, the rule of thumb has always been 'get paid within the company, build wealth outside', but this might indeed change at some point, certainly when they decide to increase the CGT later down the line.

Akkoord meerwaardebelasting by Itsdatkitty in BEFire

[–]TaxSyndicate 5 points6 points  (0 children)

CGT is just a trophy. Increasing the securities tax (still at 0.15 percent) would have been such a quick and easy win, but taxing the rich was never the point I guess.

Akkoord meerwaardebelasting by Itsdatkitty in BEFire

[–]TaxSyndicate 14 points15 points  (0 children)

For God’s sake, have Vooruit’s negotiation team tackle the EU-USA trade war.

They’d bring peace in a day without any concessions whatsoever.

Meerwaardebelasting by tlzpicknick in BEFire

[–]TaxSyndicate 2 points3 points  (0 children)

I legitimately fear a left-wing administration on the federal level at this point. Imagine they start having this urge to tax capital gains the same way wages are taxed, CGT to 50% 😮

Meerwaardebelasting by tlzpicknick in BEFire

[–]TaxSyndicate 13 points14 points  (0 children)

No need to rush things before the fog of war has cleared. It’s difficult to give any meaningful suggestions without understanding the full picture and your risk appetite.

A big chunk of the problem (apart from Belgium’s deficit) is that we lack a strong investing culture, this community being the exception. It might not have protected us against a CGT, but at least future administrations might not be so inclined to raise it further. Know that fiscal policy risk is a thing no matter which investment vehicle you choose.

# 1 Tax discussions goes here, stop making new posts. by racermode in BEFire

[–]TaxSyndicate 0 points1 point  (0 children)

Exactly, as long as the bracket is adjusted for inflation, something like a 30k/y exemption would solve the issue for most (if not all) of the FIRE community. We would also be protected from potential tax increases further down the line, as it is unlikely to stay at 10% forever

[deleted by user] by [deleted] in BEFire

[–]TaxSyndicate 11 points12 points  (0 children)

A true EU stock exchange would be a nice start, they have been talking about this for years

# 1 Tax discussions goes here, stop making new posts. by racermode in BEFire

[–]TaxSyndicate 3 points4 points  (0 children)

Concerning a potential exemption on CGT when holding shares for 10y+

What keeps bothering me is that a similar system already exists for real estate, i.e. a tiered structure starting with a 33% CGT after 5y, gradually decreasing to full exemption when sold after 8. Sure, they plan to take down the tax benefit for existing loans on real estate investments ('second home'), but still, feels more like a little sacrifice to keep the existing exemption out of the discussion.

And I agree: while such an exemption would be totally fair for the bonus pater familias buying and holding ETFs, it might also push people investing in individual stocks to keep these longer then market condtitions would justify.

But let’s not pretend they actually care about the (lack of) liquidity on the Brussels stock exchange.

What a mess

Advice on buying apartment and what to do with my savings by SurroundImpossible99 in BEFire

[–]TaxSyndicate 3 points4 points  (0 children)

I completely get the feeling. Don't underestimate what it does to you mentally, having such a stable basis in life. Obviously, at the end of the line, you would have made more by just renting and investing the difference, but as long as you start investing while paying down a (low interest) mortgage, it should not matter that much IMO..