New Intellectual Property Regime Embraces FinTech: Use of the New Innovation Income Deduction Regime in the Financial Services Industry

Journal
Belgium
International Transfer Pricing Journal 2017 (Volume 24), No. 4
Belgium introduced its innovation income deduction, a new intellectual property tax regime in line with the OECD “nexus approach”. This article provides an overview of the regime and comments on how the measure will likely be used by players in the Financial Services Industry as catalyst of their ongoing transformation.