←back to thread

OBBB signed: Reinstates immediate expensing for U.S.-based R&D

(www.kbkg.com)
334 points tareqak | 1 comments | 05 Jul 25 00:24 UTC | HN request time: 0.213s | source
Show context
ttul ◴[05 Jul 25 04:21 UTC] No.44470047[source]▶
Meanwhile, in Canada, not only can you expense R&D, but there is a cashable tax refund that will give you back about 60% of your developers’ salaries…
replies(5): >>44470397 #>>44470416 #>>44470432 #>>44470472 #>>44471396 #
Galanwe ◴[05 Jul 25 06:15 UTC] No.44470472[source]▶
There is something similar in France, the Crédit Impôts Recherche (CIR), I remember it was around 50%. I've heard it's going to disappear though, there were abuses.
replies(3): >>44470515 #>>44470652 #>>44471564 #
1. eric-burel ◴[05 Jul 25 06:28 UTC] No.44470515[source]▶
Hi, CIR expert here, it's well and alive. There has been a communication push against it last year but relatively over. It's 30% of R&D expenses as a tax cut. Update: I think the 50% you mention is related to non salary expenses CII = a smaller similar system for innovation, which we differentiate from R&D. CII used to cover non salary expenses with a 50% forfait but this part has been removed indeed. It still covers 20% of salary expenses.