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Belgium Clarifies Increased Investment Deduction and Wage Tax Exemption for COVID-19

|Approved Changes|Belgium
Belgium

Belgium has published guidance to clarify the application of certain support measures introduced by the Law of 15 July on urgent tax measures due to the COVID-19 pandemic, which was published in the Official Gazette on 23 July 2020.

One of the main measures is a temporary increase in the standard investment deduction (déduction pour investissement - DPI) rate to 25%. A notice dated 7 August…

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