Countries Continue to Use Tax Incentives to Boost R&D

October 29, 2018

A recent report by Ernst Young documents continued efforts by countries to enact additional tax incentives to reward companies for research and development. The purpose is two-fold. Of course these countries would like to attract more research activity from overseas. But maybe even more important, they want to increase domestic investment from within their own borders. There is strong evidence that tax incentives increase both.