What is legal entity tax?
Legal entity tax applies to specific types of income for non-profit organizations (non-profit associations), in particular with regard to immovable, movable and miscellaneous income. Normal operating income generally does not have to be declared and many sports organizations submit a blank declaration.
Which sports clubs or sports federations must submit this declaration?
Only non-profit organizations must submit this declaration. Exceptions exist for entities with significant income or commercial activities (subject to corporate tax). Non-profit clubs must submit other declarations. Even inactive non-profit organizations must file returns.
How do I submit my declaration as a sports club or sports federation?
The digital declaration is done via the Biztax platform: https://financien.belgium.be/nl/E-services/biztax. Submitters must attach the annual accounts and minutes of the meeting. Documentation supporting all income and expenses is required.
What are the consequences if I do not declare the legal entity tax?
In case of non-compliance you risk a fine of EUR 625.00 plus possible additional sanctions. Board members can be held personally liable.