Thierry Parquet - Entrepreneur
Industry report - The Belgian tax shelter
Entrepreneur Thierry Parquet talks about the Belgian tax shelter, introduced in 2002.
The tax shelter is a mechanism which allows any company paying taxes in Belgium to invest part of its revenue in audiovisual productions and detract 150% of the amount invested. A consistent part of the production costs has to be invested in Belgium. This has permitted Belgian production companies to increase their number of film productions and audiovisual works.
Watch the other interviews on the Belgian tax shelter: