MedWatch

Danish government wants to spend USD 160m on permanent research and development tax deduction

In a reform proposal on Tuesday, the Danish government announced plans to make the 130 percent raised tax deduction on research and development permanent. A cap on the tax value of individual companies will still be in place, however.

Photo: Philip Davali/Ritzau Scanpix

The Danish government is seeking support from parliament to make the temporary 130 percent increase to the tax deduction for research and development permanent.

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