Belgium Abolishes Patent Box, Introduces Innovation Box

Apart from the correction of a piece of legislation introduced at the end of last year (following Tate & Lyle, prior coverage), Belgium's recently published Act of August 3, 2016, deals mainly
with the abolition of the patent box, which provides an 80 percent deduction of patent income related to the development or enhancement of patents.

Belgium Abolishes Patent Box, Introduces Innovation Box, Worldwide Tax Daily, 15 August 2016
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