We offer a range of activities with regard R&D tax relief, starting from feasibility study to the application.
HOW CAN MDDP HELP YOU?
Verification of present activity from the R&D perspective and identification of potential activities that can be included in the R&D relief in the future
Identification and estimation of tax costs that can be include in the relief (double deductibility)
Identification of the costs that should be included in the R&D relief only on the grounds of individual letter of practice (tax ruling), drafting of the tax ruling application
Advisory on recommended documentation of R&D relief
Reconciliation of income tax including R&D relief
Identification of risks (if any) in already applied R&D relief
R&D tax relief
Allows for double (or even 2,5) deduction of given expenses incurred on R&D.
R&D is defined as constant process aimed at development of new products, processes or services or aimed on improvement of existing ones. Successful completion is not required.
For whom?
Almost for everyone. R&D can be applied in every industry and by each taxpayer. The relief may not apply when taxpayer benefits from other tax incentives, like income tax exemption in Special Economic Zone.
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