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The Impact of The Research and Development Tax Credit for German Taxpayers
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If you are planning to finance or currently funding, or you already have a financed product or an initiative on software development, Germany may offer you 500,000 EUR if it started after 2019 or is going to start after 2019.
The Research Allowance Act, also known as Die Steuergutschrift Für Forschung Und Entwicklung, is responsible for the creation of the new incentive, which is generally equivalent to 25 percent of the total amount an entity spends on R&D salaries, wages, and eligible contract research expenses, with a yearly cap of EUR 500,000. The German Federal Council gave its stamp of approval to the measure on November 29th, 2019.…
If you are planning to finance or currently funding, or you already have a financed product or an initiative on software development, Germany may offer you 500,000 EUR if it started after 2019 or is going to start after 2019.
The Research Allowance Act, also known as Die Steuergutschrift Für Forschung Und Entwicklung, is responsible for the creation of the new incentive, which is generally equivalent to 25 percent of the total amount an entity spends on R&D salaries, wages, and eligible contract research expenses, with a yearly cap of EUR 500,000. The German Federal Council gave its stamp of approval to the measure on November 29th, 2019.…
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