| Q1/2009 New R&D incentives |
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The Decree (numbered 2009/14593) has also introduced the concept of "payroll tax deduction" for the purpose of employers who hire R&D personnel, under which such employers will be entitled to an 80% tax deduction on their income tax withholding in relation to salaries paid to R&D personnel (90% for those holding a Ph.D.). |

