2014 Global Survey of Research and Development Tax Incentives

Analysis

2015 Global Survey of Research and Development Incentives

The Global Survey of Research and Development (R&D) Incentives reflects the wide variety of tax and fiscal policies adopted by governments worldwide to promote business R&D. Many of the countries reviewed in this 6th edition of Deloitte’s Global Survey of R&D Incentives have changed their laws or policies since the last edition in March 2014.

About the Global R&D survey

The Global Survey of Research and Development (R&D) Incentives reflects the wide variety of tax and fiscal policies adopted by governments worldwide to promote business R&D. Most of the 34 Organization for Economic Co-Operation and Development (OECD) countries offer preferential tax treatment to R&D expenditure—including current deductions, allowances and credits, and accelerated depreciation of R&D capital expenditure. A number of countries have innovation or patent boxes, under which income attributable to intellectual property (IP) developed through R&D is taxed at favorable rates. In addition, all OECD countries offer R&D grants, loans, or other fiscal incentives.

There is no consistent global trend reflecting a movement toward curtailing or expanding R&D incentives. In fact, some countries expanded select incentives and curtailed others. The following is a brief review of the changes since March 2014, which demonstrates that many governments are continuing to search for the right mix of incentives to encourage the growth of R&D in their countries.

Many of the countries reviewed in this 6th edition of Deloitte’s Global Survey of R&D Incentives have changed their laws or policies since the last edition in March 2014.

2015 Global Survey of R&D Incentives Preface

This version reflects that out of the 34 countries covered in the Global Survey:

  • Thirteen countries expanded their R&D incentives
  • Three curtailed their R&D incentives
  • Five clarified their R&D incentives
  • Seven countries have proposed changes to their R&D incentives
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