Unlike corporate tax, an entity subject to corporate tax is not taxed on its annual profit.
Only five categories of income are taxed:
- cadastral income from property located in Belgium ;
- certain other real estate income;
- certain capital gains;
- income and proceeds from capital, real estate and miscellaneous income
- certain unjustified sums and benefits granted in disregard of the provisions of the tax legislation.
In addition, entities subject to the IPM are subject to a compensatory tax on inheritance tax.
