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Belgian Chamber of Representatives Approves Investment Deduction Reform

|Approved Changes|Belgium
Belgium

On 2 May 2024, the Belgian Chamber of Representatives approved the law on miscellaneous tax provisions submitted on 29 February 2024. As previously reported, key provisions of the law concern the reform of the investment deduction, which is simplified overall with three deduction types, or "tracks", including a "general" but accessible track: the basic deduction, a "targeted" track: the thematic increased deduction, and a "specific" track: the technology deduction. The investment deduction r…

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