MINISTRY OF FINANCE 25 Tax Incentives for R&D Tax incentive which allows companies to use 35% of expenditure in R&D (extramural) in contracts with research centers registered as a tax credit (established 2008) Only generated 19 contracts totaling US$ 1,5MM Will create an additional tax incentive for private investment in R&D conducted within the enterprise (intramural) Will extend the limit of investment tax credit for extramural R&D
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