The Ruling Commission helps clarify the application of the country’s tax laws. Responses from its chairman to questions from the national parliament shed light on the functioning of Belgian tax ruling practice.The RC was set up as an independent arm of Belgium’s Ministry of Finance to clear up tax uncertainties, which had previously adversely affected investment in the country.Various advice, for example, regarding a waiver of debt, has been published on the RC’s own website. However, the RC chairman confirmed that this advice only describes the methodology used by the RC and the key conclusions of other cases: it does not have any precedent value. However, the advice does provide some comfort that the taxpayer is following acceptable practice.Common interpretation...