Registration and Succession Rights

Course Code :2300RECRSR
Study domain:Law
Academic year:2019-2020
Semester:2nd semester
Contact hours:30
Credits:3
Study load (hours):84
Contract restrictions: No contract restriction
Language of instruction:Dutch
Exam period:exam in the 2nd semester
Lecturer(s)Nicolas Geelhand de Merxem

3. Course contents *

a) Registration duties: the structure of the Registration duty Code will be followed.  Attention will be paid to the general assessment rules and the transactions that are subject to proportionate registration duties.  In this respect, the following elements will be discussed: (i) description of the different transactions, (ii) the applicable tax rate, (iii) the tax base and (iv) the possible exemptions.  Attention will especially be paid to topics which are of great importance in practice.  The relationship vis-à-vis the tax administration will form the final part of this study (e.g. statute of limitation, penalties, procedural aspects, etc.).

b) Succession duties: the structure of the Succession duty Code will be followed.  The following elements will be discussed: (i) the taxable event (cf. deemed provisions), (ii) the taxable assets and the valuation thereof, (iii) the deductible costs / liabilities and the proof thereof and (iv) the calculation of the succession duty (structure of rate, exemptions and deductions).  The relationship vis-à-vis the tax administration will form the final part of this study (filing of tax return, payment procedure, etc.).  The technique of succession planning will be discussed during the course (as far as relevant).