Defined term
WBSO
Also: Wet Bevordering Speur- en Ontwikkelingswerk
The Netherlands' wage-based R&D tax credit administered via RVO.
WBSO (Wet Bevordering Speur- en Ontwikkelingswerk) reduces Dutch wage tax and national insurance contributions for employees performing approved R&D. Companies apply in advance to the Netherlands Enterprise Agency (RVO) for project approval and hour budgets. It is distinct from corporate income tax based R&D schemes in other countries. Confirm current hourly rates, ceilings, and application windows with RVO guidance.
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Educational definition only. Not tax or legal advice. Confirm current program rules with official guidance and a qualified adviser.