Belgian Innovation Income Deduction – Recent Ruling Practice Experiences and Update on Documentation Requirements

This article sets out the main provisions of the innovation income deduction regime (which replaced the former patent income deduction regime as from July 2016) and provides further clarification on the application of the regime based on the FAQ published by the Belgian tax authorities. In addition, the article discusses recent experiences with the Belgian ruling practice. Finally, an update is given on the documentation requirements recently clarified by the Royal Decree of October 2019.