Monday, April 03, 2006
Belgium Builds its Case for Attracting More Foreign Investment
Belgium is on a mission to attract foreign direct investment. To help reach that goal, the government has introduced new incentive programs to encourage companies to locate in this important Western European nation.
Among them is an innovative tax instrument or “Notional Interest Deduction” that allows all companies subject to Belgian corporate tax to deduct from their taxable income an amount equal to the interest they would have paid on their capital in the case of long-term debt financing. READ ON