Belgium - New Intellectual Property Regime Embraces FinTech: Use of the New Innovation Income Deduction Regime in the Financial Services Industry
- D. Ledure; J. Stocq; M. Dessy; F. Teichmann
- International Transfer Pricing Journal, 2017 (Volume 24), No 4
- 10 July 2017
Belgium introduced its innovation income deduction, a new intellectual property tax regime in line with the OECD “nexus approach”. This article provides an overview of the regime and comments on how the measure will likely be used by players in the Financial Services Industry as catalyst of their ongoing transformation.