R&D Expenses Eligible for Additional Pre-Tax Deductions

With respect to R&D expenses incurred by technology-based small and medium-sized enterprises but not converted into intangible assets and recorded in profit and loss accounts for the current period, an extra 100% of the expenses incurred will be deductible before tax in addition to actual expenses, starting from 1 January. If the expenses have been converted into intangible assets, they may be amortised at a rate of 200% of the cost of the intangible asset before tax payment.