Taxes
Belgium — Tax: Capital Gains
Belgium introduced a capital gains tax on financial assets for gains realised from 1 January 2026, while speculative gains remain taxed at 33% and normal management of private assets stays tax-free.
VerifiedProfessional tax guide — not a government sourceGrant Thornton Belgium — Belgium new capital gains tax (professional source)Last reviewed: 2026-10-23
Key facts
- Under the normal management rule, gains on private wealth made within normal management are generally not taxable.
- Gains outside normal management or speculative are taxed at 33% as miscellaneous income, plus communal surcharges.
- Gains tied to a professional activity are taxed as professional income at progressive rates.
- A new capital gains tax applies to gains realised from 1 January 2026 on financial assets for individuals and certain non-commercial entities; gains accrued before 31 December 2025 are excluded.
Steps
- Understanding the Taxation of Capital Gains in Belgium — Relocating individuals should research the specific tax rules applicable to their situation, including the types of assets subject to taxation and the tax rates applicable to their income level.
- Determining the Tax Treatment of Assets — Taxpayers must determine whether the assets in question are held for personal or investment purposes, as this can affect the tax treatment of capital gains.