On 20 April 2023, the OECD released working papers on the design features, cost, and uptake of income-based tax incentives for R&D and innovation.
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Design features of income-based tax incentives for R&D and innovation
Tax incentives that provide preferential tax treatment to the incomes arising from research and development (R&D) and innovation activities, such as intellectual property regimes, have become widespread in recent years. This paper describes the key design fea…