On 5 September 2018, Belgium published a notice in the Official Gazette on the notional interest deduction (NID) rate for the 2019 assessment year (2018 tax year). The notice includes that the standard NID rate is 0.746%, while the rate for SMEs is 1.246%. The standard rate is based on the average yield on 10-year government bonds in the months of July, August, September of the second year pre…