With the introduction of the notional interest deduction in 2005 and the patent income deduction in 2007, Belgium increased its attractiveness as a prime location for companies involved in R&D activities and in the exploitation of patents. Eric Warson and Koen Van Ende, of KPMG Brussels go through the tax opportunities Belgium has to offer when it comes to R&D
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The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency