30 / 01 / 2020
On 30 January 2020, the OECD released its update of the R&D tax credits country profiles with the latest internationally comparable information on the design and cost of R&D tax relief to incentivise business R&D. Drawing on the OECD R&D Tax Incentives database, which was updated in December 2019, the profiles highlight trends in the use of R&D tax incentives in the innovation policy mix across countries, including EU Member States.
Some key facts emerged from the analysis:
In addition to this analysis, the OECD released its new innovation indicators which is the largest edition (including 39 countries) of these indicators, with first time comparable results for US and other major economies.