Dutch State Secretary of Finance: Dutch innovation box regime remains unchanged

On 20 November 2012, during the Parliamentary debate on the 2013 Tax Reform Act (which contains a wide array of austerity measures), the Dutch State Secretary of Finance said that he values the current innovation box regime very highly and that he does not intend to change the innovation box, in spite of the budget deficit. The innovation box regime will be evaluated in 2013, after which it will be assessed whether, and if so, how the innovation box regime could be further improved.