Legal, tax and financial aspects of the deduction for venture capital

Notional Interest - Legal, tax and financial aspects of the deduction for venture capital

Preface by Didier Reynders , Deputy Prime Minister and Minister of Finance

This book sets itself the goal of initiating the reader into the legal, tax and financial aspects of the deduction for venture capital, often referred to as the notional interest deduction, which is an innovative tax measures applying in Belgium since 1 January 2006.

It is aimed primarily at tax and financial practitioners, offering them a broad, pragmatic view of the topic. The book is also of use to third-year economics or management students who want to refine their knowledge of this new tax arrangement.

• Thierry Vanwelkenhuyzen is a licentiate in law (UCL) and a master of laws (New York University) and holds a diploma in fiscal sciences from the Brussels Tax College. He is a tax partner at PricewaterhouseCoopers in Brussels. He is an accredited tax consultant and specialises in international taxation and transfer pricing. His clients are mainly multinationals active in Belgium and Belgian multinationals. In the course of his work, he implements the benefits of the Belgian tax system into international tax structures.
• Bruno Colmant is a doctor of management sciences and a commercial engineer from the ULB; he holds an MBA in finance and quantitative methods (Purdue University) and a masters in fiscal sciences (ESSF). He is a chartered accountant and accredited tax consultant and has written or co-written some twenty works and a number of academic publications in the field of finance and accountancy. He is a judge at the Brussels Commercial Court and a member of the High Financial Council and the Central Council for the Economy.
• Pascal Minne is a licentiate in law (ULB) and a graduate in economics (Oxford). He is now the managing director of Petercam, having worked his entire career at Coopers & Lybrand and then PricewaterhouseCoopers, of which he was the Belgian Chairman for 10 years. He has written numerous books and articles on tax law and is a renowned speaker at conferences in the fields of asset taxation for private individuals and the taxation of company groups.