The Netherlands to Launch Consultation on Amending the Innovation Box Regime

On 19 February 2016, the Netherland's Finance Secretary sent a letter including an evaluation of the country's innovation box regime to parliament. Under the regime, royalty income derived in respect of self-developed intangible assets is eligible for a reduced tax rate of 5% subject to certain conditions. The letter includes an evaluation of the number of users of the regime, how it has been used and the benefits received by taxpayers. The letter also includes that the innovation box regime …