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Tax deduction for patent income to be introduced

|Proposed Changes|Belgium
Belgium

The Belgian government published a Bill providing for a tax deduction for patent income. Details of the Bill are summarized below.

Amount of the deduction

The deduction would be 80% of the patent income derived from patents licensed by a Belgian company or permanent establishment to a related or unrelated party, if the royalty payments meet the arm's length principle.

With respect to patents used by the Belgian company or pe…

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