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Bill on various direct tax and VAT measures adopted

|Approved Changes| Belgium
 Belgium

The Program Law of 27 April 2007, which includes various income tax, corporate income tax and VAT measures was published in the Official Gazette of 8 May 2007

Corporate income tax

(a) Deduction for patent income. The new Arts. 205-1 to 205-5 ITC introduce a tax deduction for qualifying patent income.The deduction will apply to companies which have full owne…

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