New France–Belgium Tax Treaty (Part III): Wealth Tax (IFI) & Anti-Abuse Clauses

The final part of our three-part alert dives into two of the most closely watched provisions of the new France–Belgium tax treaty:

• The treatment of wealth tax (IFI)

• Implementation of a general anti-abuse clause

Both aspects are critical for private clients and high-net-worth individuals with cross-border assets. The anti-abuse clause, in particular, introduces new interpretive challenges and compliance risks.