Other news for June 2025

Declaration of real estate

Since 2023, the housing tax on primary residences has been abolished for all taxpayers. However, it remains applicable to secondary homes and vacant properties. To assist the tax authorities in identifying properties subject to this tax, owners are required to report on the occupancy status of their premises. Owners are expected to update this report in the event of any changes in occupancy status between January 2, 2024 and January 1, 2025. All updates must be filed no later than July 1, 2025.

NRD-construction aid

The tax advantage on non-road diesel (NRD) enjoyed by construction companies is gradually reduced, with a view to applying the standard tariff from 2030. In concrete terms, the reduced rate has increased by 5.99-euro cents per liter every year since January 1, 2024. However, due to decline of activity in the construction sector, the government has introduced financial aid for small businesses in this sector to support them in the face of this increase in NRD prices. Thus, construction companies (≤ 15 employees) can, under certain conditions, benefit from compensation for their consumption in 2024. Its amount is equivalent to the increase in the tariff (5.99-euro cents per liter of NRD), up to a limit of €20,000 per company.

Tax havens

Based on specific criteria, the list of non-cooperative states and territories (NCSTs) denounces entities that, among other things, oppose the exchange of tax information, facilitate extraterritorial arrangements, and do not respect tax transparency. Depending on the criteria used, individuals and companies that conduct transactions with these NCSTs may be subject to less favourable tax provisions than their usual application. Three countries on last year’s list have been removed, namely Seychelles, the Bahamas and Belize. And no new countries are joining. The updated list mentions Anguilla, American Samoa, Fiji, Guam, Samoa, Trinidad and Tobago, the U.S. Virgin Islands, Vanuatu, Palau, the Turks and Caicos Islands, Panama, Antigua and Barbuda, and Russia. In total, the list includes thirteen countries for 2025.

Sustainability report

The entry into force of the obligation imposed by European law on large companies to disclose environmental, social and governance information in a so-called “sustainability” report is postponed by 2 years for certain companies.