Taxand has designed an essential desk top “ready reference” guide to assist executives faced with considering the tax impact of locating, expanding or closing R&D facilities across the world.
While economies worldwide are struggling through a downturn, many businesses are continuing to invest significantly in research and development. These businesses realise that cutting R&D budgets can limit future growth. Looking outside your home country can often lead to both highly qualified and less expensive labour as well as specific jurisdictional tax incentives such as R&D credits, deduction incentives and grants.
Taxand recommends you consider all the business issues you face when deciding where to locate your R&D operations and invest your R&D budget, but make sure tax incentives are on your short list.
For a country by country brief introduction to the key incentives available to you, please download the attached pdf.
If you need to discuss your R&D Tax Invectives in depth your local Taxander contact for queries is Martin Phelan.