Via deduction of innovation income, net income out of a number of intellectual property rights can be up to 85% exempt of corporate income tax.
During this webinar, after a short introduction and a brief overview of the basic principles, we will first focus on the risk factors for a challenge of the innovation income deduction by the tax authorities, followed by our practical experiences gained during recent tax audits as well as first case law that was published on the topic. Subsequently, we will dive deeper into a few real-life audit files. We will conclude with some insights on how to handle innovation income deduction and the associated risks or controversy in a transaction environment (i.e. modelling, transaction documentation or due diligence).
The webinar will be presented by Nick Van Gils and Chris Thijs, both are tax partners at EY.