NZ's R&D tax incentive plan viewed as positive by business

Rebecca Howard
Fri, 20 Apr 2018

By Rebecca Howard April 20 (BusinessDesk) - The government's proposal to end Callaghan Innovation's growth grants and introduce a 12.5 percent research and development tax incentive has been widely viewed as positive by businesses but the opposition party claims it amounts to a cut in support. Research, Science and Innovation Minister Megan Woods yesterday released a discussion document with the proposal and said over the next six weeks, the Ministry of Business, Innovation and Employment, Inland Revenue and Callaghan Innovation will be s...

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