The Finnish Ministry of Finance has announced the approval of legislation for the introduction of a new tax incentive for R&D activities. The new incentive is a combined deduction for R&D activities, including a general additional deduction based on the amount of R&D expenses incurred plus an additional deduction based on the increase in R&D expenses compared to the previous year. The additional deductions apply for salary and service expenses related to a taxpayer's own R&am…