Belgium modernizes investment deduction regime and enhances IP regime

20 May 2024|Tax Alerts, Legislation & Policy, National/Federal Taxation, BEPS 2.0|Belgium

New rules in Belgium update the country's investment deduction regime and modernize the list of qualifying assets and technologies and corresponding rates. The new rules enter into force as from 1 January 2025.
Belgium has also amended its intellectual property (IP) regime or Innovation Income Deduction (IID) regime, allowing taxpayers to not deduct the full amount of IID and to carry forward the excess as a nonrefundable tax credit, effective from assessment year 2025. This is particularly relev…

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