The OECD has announced the release of a taxation working paper on Corporate effective tax rates for R&D, which contributes a methodology to construct forward-looking effective tax rates for an R&D investment that reflect the value of expenditure-based R&D tax incentives.
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Corporate effective tax rates for R&D
The case of expenditure-based R&D tax incentives
R&D tax incentives have become a widely used policy tool to promote business R&D. How do they shap…