The Poland Finance Ministry decided that entrepreneurs will be allowed to deduct part of their expenditure on innovative technologies from their tax base
Published:
4 October 2004 y., Monday
The Poland Finance Ministry decided that entrepreneurs will be allowed to deduct part of their expenditure on innovative technologies from their tax base.
Large companies will be allowed to write-off 30%, while SMEs up to 50%. The new fiscal benefit will cost the budget over zł.100 million annually, which was one of the reasons why the Finance Ministry was initially reluctant to accept it. Currently, the value of the B index in Poland, which is used by the OECD to measure the fiscal goodwill of governments towards innovative activities, amounts to 1.24 points, which is one of the worst in Europe.
The new regulation will also introduce so-called technology loan, which will be designated for launching investments based on modern technologies. This new bill will allow the creation of private R&D centers and innovative research companies, if their revenues are at least in half constituted by sales of their own technologies.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »