U.S., Belgian Authorities Sign Agreement On Corresponding Pensions for Tax Purposes

The Treasury Department and IRS announced April 9 that U.S. and Belgium authorities have reached an agreement recognizing correspondences between the countries’ pension plans for tax purposes.

Douglas O’Donnell, the U.S. competent authority, signed the agreement Jan. 14, following its signing by Sandra Knaepen, the Belgian competent authority, Nov. 20, 2009.

The agreement amended the Convention Between the Government of the United States of America and the Government of the Kingdom of Belgium for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income, signed Nov. 27, 2006, in Brussels. The new agreement ...