Green Investments and the Rise of Online Betting: A Tale of Two Sides

Chamber passes new deduction for environmentally friendly investments

The government has recently approved a reform proposed by Minister of Finance Vincent Van Peteghem (CD&V) that will allow companies to deduct up to 40 percent of their green investment costs from their profits. This move aims to accelerate the energy transition and completely overhaul the investment deduction system. The reform includes a basic deduction for individuals and small companies, a ‘technology deduction’ for patents and research and development at 13.5 percent, and a thematic deduction for green investments at 40 percent for SMEs and 30 percent for larger companies.

The new thematic deduction encompasses investments in efficient energy use, renewable energy, CO₂-free transport, and environmentally friendly investments like recycling systems. This change will take effect in 2025. The House approved the reform on a Thursday evening, marking a significant step towards encouraging sustainable investments in the future.

Online betting has become increasingly popular in recent years, offering both leisure and potential dangers. Various platforms and websites have emerged, providing an accessible and convenient way for individuals to participate in betting activities. While online betting can offer excitement and entertainment, it also poses risks and challenges for those who engage in it.

The rise of online betting has been described as a double-edged sword, with some viewing it as a modern gamblers’ paradise and others recognizing the potential dangers it can bring. As the digital age continues to evolve, online betting has become a controversial topic, sparking debates on its impact and influence on society. Despite its popularity, online betting remains a topic of discussion due to its potential risks and implications.

In conclusion, while the government’s reform aims to encourage sustainable investments through tax incentives for green initiatives, there are still concerns about the potential risks associated with other forms of gambling such as online betting. As technology continues to advance rapidly, it is important to remain mindful of these risks while taking advantage of new opportunities for growth and innovation.

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