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November - December 2011 newsletter


The goal of our newsletter is to keep you abreast of recent legal and tax developments in the various areas where our firm has recognised expertise. If you want to subscribe to the CMS DeBacker newsletter, please send an e-mail to marketing@cms-db.com.


Dear reader, 

At the time of the year where we reflect on the passing of a year and the start of another, the future seems more real, more present than usual. 

After 541 days of a care-taking administration, a new federal government was sworn in on 6 December. Its proposed budget reflects the difficulty of the task ahead: reducing the deficit to 2.8% in 2012 and aiming for a balanced budget in 2015 while stimulating economic growth. 

With measures sparing no one, being well informed about what is being considered and how it will affect your business is going to be essential. Changes in the tax system will be significant; just think about company cars, share options, notional interests … As ever, the devil will be in the detail, which is why CMS DeBacker will keep you abreast of those developments in this and following editions. You can already read about the impact on the energy sector. 

In the meantime, let me wish you and your loved ones a merry Christmas and a happy New Year! 
Stanislas van Wassenhove 
Managing Partner