Longer tax exemption for business machinery investments in Wallonia
Official title: Proposition de décret modifiant l'article L3611-2 du Code de la démocratie locale et de la décentralisation et l'article 253 du Code des impôts sur les revenus 1992 afin de renforcer la stabilité fiscale des investissements productifs en portant de cinq à dix ans la période d'exonération applicable à certains investissements
Status: The proposal has been submitted and is waiting to be considered by parliament. (parliament: ‘Tabled’)
In plain language
- The proposal extends the tax exemption period for investments in machinery and equipment from five to ten years.
- This affects businesses investing in the Walloon Region, including investments made since 2016.
- Nothing changes directly for your personal taxes, but the measure aims to support local jobs and economic activity.
Automatically summarised (gemini-3.8-flash). AI can make mistakes: if in doubt, read the official text.
How parliament voted
Parliament has not voted on this proposal yet.