On 24 September, the Belgian Constitutional Court confirmed that the legal challenge against Belgium’s Pillar Two UTPR can continue, despite the publication of the OECD Side-by-Side Package and the European Commission’s notice concerning it.

In this podcast, Jean-Philippe Van West discusses the Court’s decision, the implications for Belgian subsidiaries of multinational groups, the next steps before the Court of Justice of the European Union, and what businesses should do in the meantime.

For a broader discussion of recent Pillar Two and international tax developments, join our International Tax Webinar on 8 October 2026 at 16:00 CEST.

Register here: https://www.pwc.be/en/events-courses/2026/international-tax-webinar-october-2026.html

Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

CBAM is no longer just a border compliance topic it is becoming a real transfer pricing issue for multinational groups. As carbon costs enter cross-border value chains, companies need to ask where those costs should land, i.e., with the importer, the principal, the manufacturer, or another group entity.

In this episode, Helena Caluwé, Pieter Dere and Joris Reijnierse explore:

How CBAM affects function and risk analysis, intercompany pricing, benchmarking, year-end adjustments and transfer pricing documentation;

Why consistency between CBAM data, customer pricing, ESG reporting and transfer pricing documentation will be critical given that tax authorities’ scrutiny in this area is envisaged.

Overall, a practical conversation for CFOs, tax directors and transfer pricing teams preparing for the financial and tax impact of CBAM.

Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

Most companies treat CBAM as a cost to absorb. The smarter ones treat it as a pricing decision - and turn it into a competitive advantage.

But there's no single right answer. Your move depends on two things: your carbon-cost position versus competitors, and your customers' willingness to pay.

In this episode, Pieter Deré, Helena Caluwé and Romain Matriche break it down across three questions:

✅ WHICH strategy? The 4 pricing responses to CBAM - selective pass-through, low-carbon premium, margin pressure, and price-led share gain.

✅ HOW to execute it? The Assess → Strategize → Execute playbook: segment your customers, model the margin impact, and equip your sales teams.

✅ HOW to stay defensible? Why your customer narrative, your pricing, and your tax & sustainability disclosures must all tell the same story - before the authorities cross-check them.

Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites