Innovation Box needs approval

The application of the Innovation Box was amended on 1 January 2017. In order to ensure that your agreement regarding the application of the Innovation Box is not cancelled, you must request approval from the Tax Authority inspector.

Legislation regarding the Innovation Box was amended on 1 January 2017. If an agreement has been made with the Tax Authority inspector regarding the application of the Innovation Box, this agreement shall cease to exist in law as of 1 January 2017.

In order to ensure the Innovation Box function continues, you must request approval from the inspector. This approval enables the tax-payer to state that he/she fulfils the amended conditions that correspond to the application of the Innovation Box.

In terms of cases involving an agreement for the application of the Innovation Box, we advise you to check whether approval has already been sought from the Tax Authority inspector. The advisers at accon■avm can help you with this approval process.

If you have any questions or would like further information about innovation, tax benefits and the Innovation Box, then please contact one of our international accon■avm advisers. Send a no-obligation email to international@acconavm.nl

Whitepaper Innovation facilities in the Netherlands

We also have a whitepaper available on this subject. By using the button below, you can request to receive the white paper free of charge in your mailbox. You can download for free our whitepaper: Innovation facilities in the Netherlands.