The level of R&D is a real driver of economic performance. Taxation plays a key role in this, being a powerful tool to support companies. Thanks to an attractive tax system, R&D spending in Belgium between 2007 and 2017 exceeded the European average. But are you taking advantage of this?
For several years, the Patent Income Deduction (PID) was the benchmark for tax incentives for innovation. Now it is called the Innovation Income Deduction (IID). The IID incorporates several new features that are fundamental to benefiting from it.