NEWS

June 28, 2023

An online tool provides insight into R&D tax incentives around the world

Aim of the project

Developed by Ayming's international R&D tax experts, this tool provides a detailed analysis of 14 countries (Australia, Belgium, Canada, Czech Republic, France, Ireland, Italy, Poland, Portugal, Slovakia, South Africa, Spain, UK and USA), to which seven more will be added shortly.

Comparative metrics

The Benchmark has been developed with a series of comparative metrics that look at the relevant factors to consider. Thus, this tool allows companies to acquire this knowledge quickly, with high-level information on the international R&D tax incentive landscape.

No two R&D tax regimes are the same, with a multitude of laws, interpretations and policies that need to be taken into account in a comprehensive review. Ayming's international R&D tax consultancy team has therefore compared the R&D tax incentives of the 14 countries mentioned, using two metrics.

On the one hand, it has highlighted the generosity of the scheme: calculated as the percentage deduction of R&D expenses, which helps to understand the monetary value of what a company would receive from the identified qualifying expenditures, including the calculations necessary to make a claim.