R&D expenses

immediate deduction

R&D expenses are immediately deductible in the year spent, according to section 20a. There is no need to spread as depreciation.

Grants

R&D grants (Innovation Authority) are not taxable income. Expenses financed by a grant are still deductible.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.