On 25 September 2015, Poland's parliament approved legislation for new rules and incentives for research and development (R&D) activities. The main aspects include:
- R&D activities are defined as works carried on to develop new knowledge and apply knowledge to new purposes;
- R&D expenditure will be deductible regardless of the outcome, instead of only being deductible if R&D results are utilized;
- SME's and micro-enterprises will be allowed to deduct 120% of eligible R&D exp…