Starting from the 2024 tax year, the tax credit’s scope will expand to encompass investments in digital transformation, as well as ecological and energy transitions within businesses.
Companies making investments toward their digital transformation or ecological and energy transitions will be eligible for a deduction of up to 18%, 6% more compared to other types of investments.
In addition, the overall investment tax credit rate will be raised from 8% to 12%. This measure was agreed upon during last autumn’s tripartite meeting as part of the “Solidaritéitspak 2.0" package.
The bill has now entered the legislative procedure. Fayot stressed that this measure specifically targets structural changes within companies.
In addition to the investment costs themselves, operational expenses incurred during digital, ecological, or energy transitions will also qualify for an 18% tax rebate starting from the 2024 tax year. This includes, for example, costs related to employee training.
Backes described the reform as a “paradigm shift” in the field, responding to significant demand from businesses for support in managing expenses associated with such transformations.
However, the bill will not be voted on in the Chamber of Deputies until autumn 2023.
