2023 tax news

The year 2023 opens, on quite a few important tax changes. Here are some of the changes that may be of interest to you:

Several important new rules affect tax and record retention periods. One of the most important is the significant extension - from 6 months to one year - of the time limit for filing a proper claim against erroneous taxation. The time limit starts from the date of the tax notice. Another time limit has been extended: in the event of fraud, the tax authorities will have the right to correct the tax assessment with a ten-year period of validity. This implies the obligation to keep digital or paper documents for at least ten years. You might as well know! This extension of time is valid for personal income tax, corporate income tax and VAT.

Phasing out of the former special tax regime for foreign executives and specialists, which will end on 31/12/2023. A new regime for these "impatriate" workers and researchers has been introduced since 2022, whose duration will be shorter: only 5 years. It will also be much less interesting, the non-taxable part of the employer's own expenses will be limited to 90.000 €.

The reform of the royalties was introduced on January 1, 2023. A transitional regime will be possible until the end of 2023. The new regime is much more restrictive, and would aim at excluding in particular the creation of computer programs. It will be necessary to refer to the preparatory works to ensure the validity of the favorable regime for your income, and also to expect litigations and various jurisprudential interpretations.

There is also news about electronic mailboxes for citizens and businesses: more and more public authorities are using these electronic mailboxes to communicate with citizens. You can "activate" these "e-boxes" on the legal platforms; beware, once activated, you will not be able to return to "paper" communications. This electronic means of communication will become compulsory from 2025.