TAX INCENTIVES FOR R&D
Tax incentives for R&D stimulate the growth of innovative companies by lowering the effective cost of investment in R&D.
The wage withholding tax is normally retained on the remunerations paid to the researchers, but a part must not be paid to the Belgian Treasury. In Belgium there is a 80% exemption (recently increased from 75% ) for researchers with a specific degree engaged in R&D (qualifying degrees such as chemistry, engineering and medical degrees). The increased exemption is applicable to all categories of employers (e.g. universities, R&D centers and companies active in R&D). R&D is defined as: Fundamental research, industrial research & experimental development.
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