Trivium Neopol - Business Environment, Econ and Finance, Tech | Logo 25 Mar 2021

It just got cheaper to nerd out

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On Wednesday, the State Council announced more tax benefits for companies conducting research and development (RD) in China.

Specifically, companies will get a bigger tax deduction (Xinhua):

“[T]he ratio of extra tax deduction on enterprises’ RD costs will be raised from 75 percent to 10...

Snuh-ohez.

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