Germany published the Act to Strengthen Growth Opportunities, Investment, and Innovation as well as Tax Simplification and Tax Fairness (Growth Opportunities Act) in the Official Gazette on 27 March 2024. As previously reported, the Act was approved by parliament on 23 March 2024 and includes various measures regarding interest deductions, loss carryforward, depreciation, etc. One of the measures concerns improvements regarding the 25% R&D tax allowance, including an increase in the maximum annual amount of qualifying expenses from EUR 4 million to EUR 10 million, along with an increase in the allowed portion of expenses for contract R&D from 60%...