Executive breakfast: R&D-related tax benefits: opportunities and challenges for MNCs 跨国企业研发相关税收优惠的机遇与挑战(EN)
Innovation and R&D are inexhaustible driving force and core competitiveness for long-term and sustainable development of an enterprise. Chinese government attaches great importance to the role of R&D investment by enterprises in national economy, and introduces a series of R&D incentive programs. As a starting point, considerations need to be given to the correlation of the IP arrangement/TP positioning of the China entity in the value chain and the R&D incentive that a company may claim.