As announced in episode 58, we’re launching a series of podcasts on tax audits. In this episode Pieter invited Stefaan Dewachter, Gill Van Damme and Véronique De Brabanter to talk about practical data readiness for tax audits, particularly in the Belgian jurisdiction but applicable globally. They will provideguidelines to CFOs, tax directors, and controllers on how to prepare their bookkeeping and data environments to be audit-ready, emphasizing traceability, consistency, and governance. They will give an insight into what tax authorities may require and how to address these requests in an adequate manner.

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

In this second episode of our CBAM mini-series, Pieter is joined again by Helena Caluwé and Aurélien Denis to go one level deeper: what does CBAM actually mean for businesses? Beyond the compliance filings, CBAM is fundamentally a governance and financial management challenge.

Our experts take listeners under the hood of the CBAM cost calculation — embedded emissions, CBAM certificate price linked to the EU ETS, the CBAM factor escalating from 2.5% in 2026 to 100% by 2034, the carbon price rebate, and the role of import volumes — to show why the true financial exposure is far higher than many companies anticipate. They explain why CBAM should land on the CFO and tax director's agenda: compliance risks, cost control and forecasting, and the very real cash impact on margins, working capital and operating cash flow.

We also discuss CBAM as a cross-functional business programme — touching procurement, customs and trade, finance, tax, sustainability, legal, IT and commercial — and share concrete priorities for businesses right now: mapping imports against CN codes, engaging suppliers to collect actual emissions data, modelling financial exposure, applying for authorised CBAM declarant status, and exploring optimisation opportunities such as bonded warehouses or inward processing. Tune in!

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

The OECD just opened a public consultation on a revised Chapter VII of the Transfer Pricing Guidelines covering intragroup services, with comments due 22 July and a public consultation in November. Whereas the objective is to align Chapter VII with Chapters I–III and add practical illustrations without changing underlying principles, the draft is actually a substantial rewrite of the existing Chapter VII. In this podcast, Gilles Franssens and Jens Kiekens discuss key changes included in the discussion draft, when and how this could start having an impact, as well as what companies should do to get prepared.

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