Cross-border Tax Talks

Pillar Two in Belgium: QDMTT filing now!

Doug McHoney (PwC’s International Tax Services Global Leader) is joined by Pieter Dere, a partner in PwC Belgium’s International Tax Services practice who leads Belgium’s Pillar Two initiative and co‑hosts the Tax Bites Podcast. Doug and Pieter recorded in Prague at PwC’s Global Transfer Pricing, Customs, and Indirect Tax Conference. They discuss Belgium’s Pillar Two compliance landscape: 2024 applicability of QDMTT/IIR/UTPR, a late‑November 2025 filing cycle; the new e‑platform and XML‑only submissions; transitional safe harbors and JV scope; the ‘general representative’ and joint and several liability; DAC 9 and the OECD MCAA; uncertainty around a G7 side‑by‑side and implications for US‑parented groups; estimated payments; Belgian litigation targeting UTPR; and practical steps to be ready now. 

• 00:05 - Welcome: PwC Belgium’s Pillar Two initiative; fellow podcast host.  
• 02:35 - Belgium’s Pillar Two scope: QDMTT, IIR, UTPR applicable from 2024 
• 03:40 - Registration/notification: Belgium Pillar Two TIN prerequisites.  
• 03:45 - Calendar‑year QDMTT deadline: What is the deadline?  
• 05:50 - ‘Clarification’ law: Language inconsistencies, definitions, and process  
• 08:10 - E‑platform confirmed: All Pillar Two interactions and returns via XML 
• 10:20 - Prior notification experience: Manual entry pitfalls 
• 10:45 - JVs clarified: in scope; QDMTT filing and assessment where applicable.  
• 11:25 – Filing Procedure: QDMTT/UTPR follow standard Belgian assessment rules 
• 12:50 - GIR timeline: for calendar years, due end‑June 2026 
• 13:55 - ‘General representative’ concept; Selection hierarchy  
• 16:15 - Statute of limitations: Reduced from 10 years  
• 17:30 - Practical advice: Prepare now; safe harbor calcs; identify representative 
• 19:00 - Non‑filing? Expect penalties and possible ex officio assessments.  
• 21:05 - DAC 9 overview: EU framework for Pillar Two information exchange.  
• 22:40 - Belgium’s DAC 9 status: Expectation to meet 2025 deadline.  
• 23:20 - OECD MCAA: Belgium signed, but limited global uptake 
• 24:55 - G7 side‑by‑side uncertainty: Potential impact on IIR/UTPR, not QDMTT.  
• 30:45 - Advance payments: Missing installments increases top‑up by 6.75%.  
• 31:00 - Belgian constitutional case: UTPR challenged; referred to CJEU 
• 35:45 - Final advice: Start now; CbCR nuances can break safe harbors; be ready.   

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