R&D spending may be on the rise in Turkey due to a new measure that lets companies deduct all of their R&D spending from their tax base until 2024, an increase from the previously allowed 40% tax deduction. The law was passed to stimulate exports of technological products and to attract multinational R&D. To be able to operate under the new law, companies must have at least 50 R&D workers on their staff. Source: Today’s Zaman

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