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Slovak Republic Considering New R&D Incentives for Automotive Industry

|Proposed Changes|Slovak Republic
Slovak Republic

The Government of the Slovak Republic has announced that it has reached preliminary agreement with the Automotive Industry Association (ZAP) on the introduction of new incentives. This includes an increase in the allowed deduction for R&D expenditure from the current 100%, to 150% for 2019 and 200% for 2020. The enhanced deduction and other measures must still be formally approved and will be considered further during the summer.

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