News articles written by Tom Wallyn

Subsidy for SMEs that make water saving investments

11 October 2021

The Flemish government has launched the new Blue Deal subsidy measure ‘water saving investments’. A call for SMEs that invest in technologies that save on the use of drinking, ground and/or surface water. The Blue Deal flows out of the Flemish governments’ goal of structurally tackling the fight against drought and water scarcity with major

Horizon Europe: Time has come!

24 June 2021

After a long wait, the first main calls of Horizon Europe are finally open! If you’re part  of innovation projects led by strategic partnerships and are looking for funding, this programme is made for you. Nonetheless, finding your way through the various calls for projects in Horizon Europe, applying and managing such projects is complex.

PwC Incentives Hub: latest news on EU funding

20 May 2021

After several years of negotiations, the end of this spring will see the official launch and/or opening of several funding programmes.   Horizon Europe Horizon Europe, the ninth framework programme for R, D & I, Horizon Europe and by far the most ambitious, with a total budget of € 95,5bn (2021-2027), is eventually becoming a reality.

Next Generation Europe – Europe’s recovery and resilience plan

14 January 2021

COVID-19 has shaken Europe and the world to its core, testing our welfare and healthcare systems, our economies and societies, as well as our way of living and working together. To facilitate the repair of the immediate economic and social damage brought about by the pandemic and prepare for a better, stable future, the European

Investment deduction for assessment year 2020 published

23 April 2019

On 11 April 2019, the new percentages for the investment deduction, applicable for assessment year 2020 (financial years ending between 31 December 2019 and 30 December 2020, both dates inclusive), were published in the Belgian Official Gazette. In order to apply for the investment deduction, the taxpayer needs to comply with certain conditions and formalities.

Innovation Income Deduction: FAQ published

1 August 2018

The Belgian Tax Authorities have published a long awaited list of Frequently Asked Questions (FAQ) with respect to the Innovation Income Deduction (IID). Under this regime, Belgian taxpayers can deduct 85% of qualifying net innovation income from their corporate income tax basis. The FAQs are available in Dutch and French. This publication is important as

Investment deduction percentages for assessment year 2019 published

2 May 2018

On 27 April 2018, the new percentages for investment deduction, applicable to assessment year 2019, were published in the Belgian Official Gazette. In order to apply the investment deduction, the taxpayer needs to comply with certain conditions and formalities. Here is a summary of the percentages for assessment year 2019: 1. One-shot investment deduction Private individuals:

Law on innovation income deduction: finally published

20 February 2017

Finally, the new innovation income deduction (IID) has entered into force. Today, on 20 February 2017, the law with respect the IID has been published in the Belgian Official Gazette. The patent income deduction regime (PID) has been replaced with the IID regime in order to make it BEPS compliant, i.e. avoiding that business profits