Showing posts under "Research and Development"

Cash out of research and development tax losses

Dated: April 14, 2016

Legislation passed on the 24 February 2016 allows research and development (R&D) companies to ‘cash out’ their tax losses arising from R&D expenditure. The new rules focus on start-up companies engaging in intensive R&D and are intended to reduce their exposure to market failures and tax distortions arising from the current tax treatment of losses. However, the newContinue reading