R&D tax relief is available in a host of jurisdictions around the world. To find out more about the different R&D incentives available globally, BDO has developed an interactive tool. Our interactive tool provides a high-level summary of the rates available in many global locations as well as a simple means of comparison between these key jurisdictions.
Scroll-down to explore the various features of the map, and click on a jurisdiction to see more detailed data and/or compare it with other jurisdictions.
Keep scrolling down to explore the global R&D incentives map. Key characteristics that the map touches on include:
Whether the regime is available as a Tax Credit, and if so whether this credit can be claimed as a cash refund
or whether the regime is given as a Super Deduction, i.e. where the R&D costs can be increased to provide a greater level of offset against profits. Click on a jurisdiction to see more detailed data and/or compare it with other jurisdictions.
Whether the regime is a full volume based regime, i.e. all qualifying R&D costs can be included in a claim, or whether the claim is incremental in nature, i.e. only qualifying R&D costs above and beyond a base amount are allowed.
Whether there are criteria regarding the entity carrying out the R&D having IP ownership of what is created.
Our local teams can provide specific advice and support regarding local incentives. To talk to your local BDO R&D tax expert, please let us know via the contact form.