Belgium and Canada make exchanging tax-related bank data easier
Official title: Projet de décret portant assentiment au Protocole, fait à Bruxelles le 1er avril 2014, amendant la Convention entre le Gouvernement du Royaume de Belgique et le Gouvernement du Canada en vue d'éviter les doubles impositions et de prévenir l'évasion fiscale en matière d'impôts sur le revenu et sur la fortune, faite à Ottawa le 23 mai 2002
Status: The proposal has been submitted and is waiting to be considered by parliament. (parliament: ‘Tabled’)
In plain language
- The Walloon Parliament approves an international protocol updating tax information exchange between Belgium and Canada.
- Tax authorities in both countries are now explicitly permitted to request and share banking details with each other.
- If you hold bank accounts or financial assets in Canada, the tax office can now directly verify this information.
Automatically summarised (gemini-3.8-flash). AI can make mistakes: if in doubt, read the official text.
How parliament voted
Parliament has not voted on this proposal yet.