Chapter 5 Investment income

The general tax rate on income from financial assets (as dividends, interests, …) is 30%. Revenues from investments in start-ups benefit from a reduced rate set at 15%. Interests on saving accounts benefit from an exemption for the first 990€. Then, those interests are taxed at 15%.9

5.1 Module input

5.1.1 Variables

Name Description Database
asa_h_fm value of savings account HFCS
int_rat_sav_acc interest rate on savings account Other
yin_hyg_fm yearly gross income from financial investments HFCS

5.1.2 Parameters

Name Description Value (2020)
iit_exon exoneration for savings account interests 990
iit_rate tax rate (general) 0.3
iit_rate_sav_acc tax rate savings account 0.15

5.2 Module output

Name Description
t_investment_income Investment income tax

5.3 References

[] SPF Finances - Precompte mobilier. 2021. URL: https://finances.belgium.be/fr/entreprises/impot_des_societes/Precomptes/precompte_mobilier#q2.

  1. Some additional very specific incomes also benefit from reduced rates (income from investments in state obligations called ”Leterme bonds”, from investments in care homes, …).↩︎