Material and formal conditions for VAT deduction The material condition in order to have right to deduct VAT is that the goods/services are used to perform taxable transactions. E.g. a plumber buys material: the VAT which he pays on the purchase is deductible since he... Stock options? A stock option gives the right during a certain exercise period to buy shares against a whether or not previously determined price (the exercise price). Employees and directors can in this way obtain shares. In most cases these are shares of the company... General Data Protection Regulation Since 1995 a privacy directive exists which has been implemented in national law by all member states. This directive determines how and when companies can collect, process and transfer personal data to third parties. These rules... Corporate tax reform The most eye-catching measure is the reduction of the corporate tax rate. Currently this amounts to 33% (33,99% with crisis tax) but will be reduced in two phases: to 29% in 2018 and to 25% in 2020. Also, the general crisis tax of 3% will be... Exemption for fund-raising Youth movements, sport clubs and cultural associations, … always look for a way to raise funds. They often do so by organizing activities falling outside the scope of their normal activity: mussels’ suppers, baking waffles,... Report 17% or 40% is disallowed expenses? Companies which only bear the cost of professional fuel expenses, can report 17% in their disallowed expenses. Companies also paying for private fuel expenditure (including travel from home to work and back) should report 40%... 