When a juggernaut of the Belgian economy heads for the Netherlands because of excessive taxation on shares here
Collibra, a Belgian company specializing in big data, is leaving Belgium to come under Dutch control. Blame it on too strict Belgian rules on stock options. And Collibra is not well known to the general public, in the tech world in Belgium, “it’s a juggernaut“, noted Serge Quoidbach, journalist for the Echo in the Question echo this morning on the Première.
A pioneer company in business data management and born on Brussels soil. But today she is leaving our flat country to become Dutch. “The reason given is the cumbersome tax rules in Belgium, in particular on so-called stock options”, explains the Echo journalist. “Stock options are company shares that the management distributes as a salary supplement to its employees, a partially tax-free supplement. Enough to make employees co-owners of their own company.”
Problem : Belgian taxation on this type of remuneration is too heavy, too administrative. Consequence: direction Amsterdam, where taxation is simply more advantageous.
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