Individual Tax Alert (28/11/2012)Non-recurring result-tied bonus update |
It has been 5 years since the non-recurring result-tied bonus was implemented by the Belgian government through CBA 90.
With this non-recurring result-tied bonus, employers can grant to all or part of their employees a yearly net bonus which, under specific conditions (i.e. collective bonus, limited to a fixed amount, administrative formality, etc.), is exempt from income tax and is only subject to a unique social security contribution of 33% paid by the employer.
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