Subject to the approval of the German Bundesrat (upper house), the Research Allowance Act will enter into force on 1 January 2020. The bill conforms with the requirements of EU state aid law.
Put simply, the new R&D tax credit or research allowance is available for personnel expenses and fees for subcontracting related to any activity that relies on a technical discipline to improve a product or process.
Discover more: New R&D tax credit in Germany
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