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	<title>Transactions Blog &#187; business plan</title>
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		<title>How to integrate the Notional Interest Deduction (NID) in a business plan</title>
		<link>http://www.pwcblogs.be/transactions/2010/06/how-to-integrate-the-notional-interest-deduction-nid-in-a-business-plan/</link>
		<comments>http://www.pwcblogs.be/transactions/2010/06/how-to-integrate-the-notional-interest-deduction-nid-in-a-business-plan/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 20:32:49 +0000</pubDate>
		<dc:creator>Frederic Van Hoorebeke</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[business plan]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[NID]]></category>
		<category><![CDATA[notional]]></category>
		<category><![CDATA[OLO]]></category>
		<category><![CDATA[rate]]></category>
		<category><![CDATA[valuation]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=641</guid>
		<description><![CDATA[The Belgian tax law enables companies to deduct a fictitious interest calculated on the basis of their shareholder’s equity, the so called notional interest deduction (NID). This measure reduces the cost disadvantage of equity in the capital structure of Belgian businesses and effectively lowers the corporate income tax rate. The applicable NID rate is determined [...]<div class="addthis_toolbox addthis_default_style addthis_32x32_style" addthis:url='http://www.pwcblogs.be/transactions/2010/06/how-to-integrate-the-notional-interest-deduction-nid-in-a-business-plan/' addthis:title='How to integrate the Notional Interest Deduction (NID) in a business plan ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
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		<title>Tax modelling: there’s no such thing as a tax rate of 33,99%</title>
		<link>http://www.pwcblogs.be/transactions/2010/02/tax-modelling-there%e2%80%99s-no-such-thing-as-a-tax-rate-of-3399/</link>
		<comments>http://www.pwcblogs.be/transactions/2010/02/tax-modelling-there%e2%80%99s-no-such-thing-as-a-tax-rate-of-3399/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 16:17:18 +0000</pubDate>
		<dc:creator>Annelies Butaye</dc:creator>
				<category><![CDATA[Service offerings]]></category>
		<category><![CDATA[Business model]]></category>
		<category><![CDATA[business plan]]></category>
		<category><![CDATA[cash-flow]]></category>
		<category><![CDATA[finance structuring]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Post-deal]]></category>
		<category><![CDATA[post-deal services]]></category>
		<category><![CDATA[Pre-deal]]></category>
		<category><![CDATA[structuring]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[tax assets]]></category>
		<category><![CDATA[tax modelling]]></category>
		<category><![CDATA[tax rate]]></category>
		<category><![CDATA[tax structuring]]></category>
		<category><![CDATA[working capital]]></category>

		<guid isPermaLink="false">http://www.pwcblogs.be/transactions/?p=543</guid>
		<description><![CDATA[Today, more than ever, effective tax management is key in case you are dealing with situations such as: -        determining a bid price in an acquisition process; -        reallocation of existing bank debt and intercompany debt; -        reorganizing your current group structure; -        understanding  the impact of taxes on your cash position; -        a complex [...]<div class="addthis_toolbox addthis_default_style addthis_32x32_style" addthis:url='http://www.pwcblogs.be/transactions/2010/02/tax-modelling-there%e2%80%99s-no-such-thing-as-a-tax-rate-of-3399/' addthis:title='Tax modelling: there’s no such thing as a tax rate of 33,99% ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
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