The Finnish Ministry of Finance has launched a public consultation on draft legislation that provides for a new tax incentive for R&D activities. The new incentive is a combined deduction for R&D activities, including a general additional deduction based on the amount of R&D expenses incurred plus an additional deduction based on the increase in R&D expenses compared to the previous year. The additional deductions would apply for salary and service expenses related to a taxpayer's own R&D activities. The general additional deduction would be equal to 50% of salary and service expenses for R&D activities, with a maximum deduction...