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The OECD has issued a statistical release on tax incentives to support R&D in OECD countries. --- R&D tax incentives continue to outpace other forms of government support for R&D in most countries Close to 55% of total support for business R&D in the OECD area is provided through tax incentives. Tax incentives are a widely used and economically significant innovation support policy instrument in most OECD member countries and several other major economies. Thirty-four out of 38 OECD countries granted tax relief for R&D expenditures in 2024, with Estonia introducing a tax incentive for the first time in 2024....
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