Keywords: EU tax law, European Union, tax policy, R&, D, research and development, tax incentives, state aid, SMEs, small and medium-sized enterprises
Policy options when drafting tax incentives on Research and Development
In this paper, the author pays attention to the policy options that EU member states should take into account when drafting the tax incentives that are aimed at R&D activities. Further, the paper deals with tax credits or allowances and special R&D company regimes. First, the author pays attention to the target groups of the incentives. Second, the definition of R&D will be discussed. Third, the author addresses the SMEs and the focus of the EU Commission on this type of companies. Fourth, the paper attends to EC Tax law that relates to aforementioned incentives. Finally, the author presents her conclusions.