The Belgian government will introduce a new system of tax deduction for income based on intellectual property. The bill stipulates that the deduction will not be calculated on the gross income but on the basis of net income.
The income to which the tax reduction is applicable is limited to a ratio of own or outsourced R&D activities to the overall costs borne by the company for the development of the patent.
The amount that can be deducted shall be brought to 85%.
We are now waiting for the bill to pass…