19 July 2016
On 13 July 2016, an order clarifying the research and development expenses eligible for an additional 50% deduction was published in Romania's Official Gazette. The additional deduction applies for the following main expenses when related to R&D:
In addition, increased depreciation is allowed for assets used in R&D.
In order for the additional deduction for qualifying expenses to apply, they must be related to qualifying R&D activities. Qualifying R&D activities include applicative research and/or technological development relevant to the taxpayer’s activity, which must be performed in Romania or in an EU/EEA Member State.
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