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Government support fOR business R&D – R&D tax incentives

Government support fOR business R&D – R&D tax incentives. OECD STI Scoreboard 2013 (forthcoming 23 October 2013) Pre-release of indicators on R&D tax incentives on 10 October 2013 www.oecd.org/sti/rd-tax-stats.htm.

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Government support fOR business R&D – R&D tax incentives

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  1. Government support fORbusiness R&D – R&D tax incentives OECD STI Scoreboard 2013 (forthcoming 23 October 2013) Pre-release of indicators on R&D tax incentives on 10 October 2013 www.oecd.org/sti/rd-tax-stats.htm

  2. There is a large variation in the level of direct R&D funding across countries Government support of business R&D, 2011: direct funding (contracts and grants) As percentage of GDP But this only provides a partial picture of the total support provided by countries Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  3. Currently, many governments subsidise R&D through their tax system Implied tax subsidy rates on R&D expenditures, 2013 New OECD estimates of the value of tax support firms may receive for one € of R&D investment Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  4. Several countries provide a more generous treatment for SMEs Implied tax subsidy rates on R&D expenditures, 2013 Extra subsidy provided to R&D in SMEs in France Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  5. Tax subsidy varies if profits are too low – refunds and carryovers are sometimes offered Implied tax subsidy rates on R&D expenditures, 2013 Canada and France allow full refund but only for SMEs Finland allows carry forward of incentives, but not full refund Austria allows full refund Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  6. Some countries rely strongly on R&D tax incentive support Government support of business R&D, 2011: direct funding and tax incentive support As percentage of GDP Share R&D tax support 50/70% Share R&D tax support 70-85% Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  7. These estimates provide a more complete picture of government support… Government support of business R&D, 2011: direct funding and R&D tax incentives As percentage of GDP Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  8. … which leads to different international rankings  Government support of business R&D, 2011: direct funding and R&D tax incentives… As percentage of GDP Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  9. What are the trends? Change in government support of business R&D through direct funding and tax incentives, 2006-11 • The economic crisis has slowed down the move towards more R&D tax incentives Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013 9

  10. Business R&D intensity and government support to business R&D, 2011 • Correlation between total support – R&D intensity, but not necessarily causal • OECD estimates: an additional instrument to test impacts of support policies Source: OECD STI Scoreboard 2013 – forthcoming 23 October 2013

  11. For more information: www.oecd.org/sti/rd-tax-stats.htm OECD Science, Technology, Industry Scoreboard 2013 INNOVATION FOR GROWTH Release date: 23 October 2013 www.oecd.org/sti/scoreboard

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