Belgian Prime Minister Woos Multinationals With New Tax Regime

After the last Belgian ministerial meeting of 2004, Prime Minister Guy Verhofstadt announced on December 23 that the government has agreed to the principle of a "notional interest deduction" system. The Belgian government wants to use this new regime as a valid alternative that could convince multinationals groups to maintain the activities of their Belgian coordination centers.

Officials Hope New Tax Regime Will Attract Multinationals, Tax Notes International, 29 December 2004
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