Every personal and business decision has a tax impact. Mythra assists you in identifying these tax consequences and to optimize them, to allow you to focus on your strengths.
Mythra advises you on personal and business decisions in the broadest sense of the word, such as starting up your own business, making significant investments, a company restructuring, attracting and retaining personnel, estate planning, a divorce or moving abroad. Mythra assists you from initial advice to second opinion.
Mythra optimizes your tax position by making use of the numerous tax incentives that exist in Belgium. For example, we assist with the drafting of stock option plans, with the application of the innovation income deduction, with rationalizing fringe benefits (telecommuting, cafeteria plans, company cars or cycling allowances etc.), with claiming exemptions regarding VAT and property tax, with claiming the reduction or exemption from registration or inheritance tax for the transfer of family-owned business and with the tax aspects of receiving remuneration for the transfer of copyright.
Mythra will also conduct negotiations or mediation sessions, or will draft or review agreements for you. We also regularly apply for advance rulings in tax matters with the Belgian Ruling Commission. Via the advance ruling process, taxpayers can discuss the tax consequences of future decisions or projects with the tax administration prior to their implementation. The end result – the ruling – is binding upon the tax authorities. Consequently, you are certain of the tax consequences of your envisaged decisions and projects so that any unpleasant surprises further down the road can be avoided.
Since 1 August 2016 it is again possible for individuals and companies to file for voluntary disclosure with the Contact Point for Regularizations. Since early 2017 it is also possible to regularize inheritance tax (estate tax) on the level of the Flemish tax administration. Mythra will assist you with the voluntary disclosure of inter alia (foreign) private estates and so-called foreign or offshore structures.
Mythra will also partner up with you for staff and management trainings and seminars. Our lawyers have ample experience in conducting trainings and hosting seminars on a variety of tax topics such as tax dawn raids, tax documentary duties or the tax aspects of the not-for-profit or real estate sectors. Several of our lawyers are also (guest) lecturers in higher education programs.