On 17 December 2020, Finnish President Sauli Niinistö signed the laws providing for the increased deduction for certain R&D investment costs and the increased one-off depreciation limits for assets. As previously reported, the increased deduction for R&D investment costs applies for tax years 2021 to 2025 and includes an additional deduction equal to 50% of the costs incurred on research and innovation projects carried out in cooperation with higher education institutions and research institutes, subject to a maximum cap of EUR 500,000 and a minimum deduction of EUR 5,000. The increased one-off depreciation limits for assets provides that machinery, equipment,...