The Law of 30 July 2013 has introduced the so-called "fairness tax". The fairness tax is a separate assessment aiming at taxing distributed profits (dividends) that were not effectively subject to the normal Belgian corporate tax regime due to the notional interest deduction regime and/or the carried forward tax losses deduction. The fairness tax applies as from assessment year 2014 (financial years ending between 31 December 2013 and 30 December 2014, both dates inclusive) onwards.