On 22 May 2019, the German Federal Cabinet adopted the draft law published by the Ministry of Finance in April for the support of research and development (R&D), with certain amendments. The main aspects of the draft are maintained, which includes a 25% tax subsidy (allowance) for qualifying R&D expenditure incurred. For this purpose, qualifying R&D expenditure is equal to 1.2 times deductible staff expenditure incurred for qualifying R&D projects, subject to an annual cap of EUR 2 million per taxpayer (i.e. maximum allowance of EUR 500,000). Key amendments in the approved draft include the removal of the EUR 15...