Coba lagi
?Download as DOCX, PDF?
0 likes?7 views
Many countries now offer tax incentives and the infrastructure needed for effective research and development in order to attract companies and promote economic growth. As a result, some countries are optimizing their R&D operations and locations. Tax incentives are an important part of these strategies, and countries providing them are often seen as favorable places to conduct internationally mobile R&D. When allocated efficiently, companies can leverage their global R&D infrastructure to develop valuable intellectual property. This global survey summarizes and compares R&D tax incentives available in countries considered viable locations for conducting R&D.
Coba lagi
- 1. A significantnumberof countriesnowofferthe critical operationalpre-requisitesforsuccessfully conductingeffective researchanddevelopment(R&D),i.e.,accesstogrowingmarkets/customer base,accessto talent,intellectualpropertyprotection, stable economy/governmentand informationtechnologyinfra-structure. Accordingly,manycountriesare promotingoptimizationof R&Doperationsincludingre-locationas part of theirinnovation-ledeconomicdevelopmentstrategies. R&Dtax incentivesare animportant componentof these strategies. CountriesofferingR&Dtax incentivesare oftenregardedasa favourable locationforinternationally- mobile R&D. Whenefficientlyallocated,companiescaneffectivelyleverage theirglobal R&D infrastructure resultinginthe developmentof valuable intellectualproperties. R&D incentivesvarybycountrywithregardto the following“key”considerations: ? Computational mechanics; ? The levelsof benefitsavailable;and ? The certaintyof realizinganeconomicbenefitfromthe tax incentive. Althoughthe basicdefinitionof “researchanddevelopment”issimilaracrossmanycountries, distinctionsexistwithinsovereignlaws. Some countriesofferparticularlylucrative incentives, subjecttofewrestrictionsonthe locationof the qualifiedresearchactivity,fundingof R&D, ownershipof IP,etc.;while othersofferbasicincentiveswithsignificantlimitations,includingeligible industries,qualifiedcosts,andapplicationsprocedures. Most researchincentivesare designedtoencourage companiestomaintainacertainlevelof R&D, withadditional incentivesforincreasedresearchspending. A few regimesoffertax benefitsfor capital investmentsinR&D,while mostofferincentivesforoperational costs,i.e.,wages,supplies and contractor fees.Moreover,manycountriesofferenhancedtax incentivesforstartupcompanies. Thisglobal surveysummarizesandcomparesR&Dtax incentivesavailable inthe countriestypically consideredasviable locationsfor conductingR&D. Many countriesoffertax incentivestoencourage researchanddevelopmenteffortsleadingto increaseddomesticbusinessgrowth. The tax rates andresearchincentivesdescribedbelow are effectiveasof October2013, but are subjecttochange. Horizon2020 Since the lasteditionof thisGlobal Surveywasreleasedthere wasasubstancial increase inthe budgetforfundingresearch,innovationandeducationunderHorizon2020 -- EU’s new program for researchand innovation. Horizon2020 will supportthe developmentof KeyEnablingTechnologies,whichinclude: ? Informationandcommunicationtechnologies; ? Nanotechnologies; ? Advancedmaterials; ? Advancedmanufacturingandprocessing; ? Biotechnology;
- 2. ? Space. In addition,Horizon2020 will fundprojectsfocussedonthe followingEUSocietal Challenges: ? Health,demographicchange andwellbeing; ? Foodsecurity,sustainableagriculture,marineandmaritime research,andthe bio-economy; ? Secure,cleanandefficientenergy; ? Smart, greenandintegrated transport; ? Inclusive,innovativeandsecure societies; ? Climate action,resource efficiencyandraw materials.