17/06/2021 – Taxation on office buildings in 2021 – WEBINAR

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June 8, 2021

Taxation on office buildings: what levers for optimising property tax in 2021 ?

Property tax is collected regardless of the size or nature of the building and is well known to all owners of tertiary buildings. It is calculated in the same way in the three regions, yet its amount can vary significantly from one municipality to another, from one year to another.

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Property tax was originally managed at federal level. It is now regional; the process of regionalisation of the management of the property tax has ended with Wallonia on 1 January 2021. It thus follows the Brussels region closely, which initiated the process on 1 January 2018, but both remain a long way from Flanders, which completed the transfer of competence in 1999.

As was the case for Brussels, this reorganisation has brought its share of inconveniences: administrative slowdowns in the processing of complaints, complicated or even impossible communication with the managers, errors of all kinds, etc.

Finally, the COVID-19 crisis has disrupted the real estate sector, both in the construction sector with the suspension of building sites and in the rental market for office and commercial buildings, among others, generating a loss of income for investors, landlords and their tenants. However, the withholding tax on real estate continued to be levied regardless of the tax authorities.

Alexandra Dryjski, Senior Manager in Finance Performance, specialising in property taxes, will discuss these issues with her team of property tax experts during our 45-minute webinar on Thursday 17 June at 10:00.

Among the points debated during the webinar:

  • A comparison of the withholding tax on real estate and the additional centimes in 2021 between Brussels, Flanders and Wallonia
  • The transfer of competences between the Regions and its implications for property tax
  • Unproductivity linked to the health crisis
  • Q&A

This webinar will be held in English.


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