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R&D Tax Incentives

 
Anne Fairpo Director Rawlinson & Hunter contrasts the R&D tax incentives available in several OECD countries with those available in the UK
 
Tax incentives to drive and promote R&D expenditure have been available internationally for decades; studies over the same period have not indicated conclusively that these incentives do actually produce measurable increases in R&D expenditure — gaining a tax advantage equivalent to say 30% of expenditure still requires incurring 100% of that expenditure in the first place. Tax incentives alone will not increase R&D unless the business spending the money has a need for the R&D in the first place; a tax incentive may however persuade a multinational to carry out that R&D in a particular location. This article provides an overview of the R&D tax incentives of...

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