Working Paper 04-19 - Tax incentives for business R&D in Belgium - Third evaluation
Michel Dumont
Abstract
Open-access reader
Michel Dumont
Abstract
Open-access reader
Belgium has committed to raise investment in research and development (R&D) to 3% of GDP by 2020. In fulfilment of this commitment, the federal government introduced different tax incentives in support of business R&D. This paper presents the results of the third evaluation of the efficiency of these tax incentives, covering the period 2003-2015.
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Belgium has committed to raise investment in research and development (R&D) to 3% of GDP by 2020. In fulfilment of this commitment, the federal government introduced different tax incentives in support of business R&D. This paper presents the results of the third evaluation of the efficiency of these tax incentives, covering the period 2003-2015.
Key concepts: Incentive, Tax incentive, Business, Investment (military), Government (linguistics), Tax credit, Ad valorem tax, Public economics