ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
As part of the 2015 Tax Reform the Ministry of Economy, Trade, and Industry (METI) revised of the 2013 Research and Development Tax Credit System. The revision was instituted in order to promote more Open Innovation Initiatives. Open Innovation Initiatives are projects in which companies have joint or contracted research between separate companies or institutions. The revision increased the tax credit rate significantly from the 2013 edition. Companies which are not participating in the initiative will only receive an 8-10% tax credit or 12% if they're an SME. Additionally, it added a provision which expanded to include IP royalties paid by SMEs to the deductible expenses.
Open Innovation: R&D expenses × 20 or 30%
⚑ Please report this page in case you detect an inaccuracy in its content.