Belgium
A country that is not only turning into the European Union's political centre, but is also striving to attract international investments. Belgian holding companies' legal and fiscal regime represents a clear evidence of this effort. At the same time, the Belgian Government is taking the lead with avant-garde initiatives, such as the "risk capital" initiative for holding companies (a sort of fiscal incentive for using the company's own resources instead of loaned money) or the more recent initiative of abolishing withholding taxes described in the double taxation treaties that Belgium has signed with almost 90 countries.
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