Innovation Box tariff raised to 9%
Effective date: 1 January 2021
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What changes?
Are you making a profit from innovative activities? You may pay less tax on this profit if you use the special tariff box (Innovation Box) on your corporate income tax return. As of 1 January 2021 the Innovation Box tariff will be raised from 7% to 9%.
For whom?
- entrepreneurs engaged in innovative activities who make a profit
When?
This change has come into effect on 1 January 2021.