The supreme administrative court questions the budget-neutrality of the reform of the corporate income tax, wrote Le Soir on Monday.\u00a0In the reform, which was announced by the federal government last July, the government intends to limit the use of certain tax deductions, currently included in a “tax basket”, by introducing a minimum tax rate of 7.5% if the profits of a company exceed one million euros.<\/b><\/p>\n
“If RTD surpluses can no longer be included in the tax basket because it contradicts European law, it is clear that this will have a budgetary impact on the tax reform, which can probably be quantified in tens or even hundreds of million euros “, according to Denis-Emmanuel Philippe, tax lawyer at Bloom Law and professor at the University of Li\u00e8ge.<\/p>\n