Tax incentives for R&D could shape up to be an election issue

Thu, 06 Apr 2017

By Rebecca Howard April 6 (BusinessDesk) - Tax incentives have a "positive and significant" impact on research and development spending, according to an International Monetary Fund working paper published this week, but remain contentious in New Zealand with the ruling National party dubbing them an "unknown financial liability" while the opposition Labour Party is still committed to implementing them. While R&D spending is inching higher, New Zealand still lags behind its peers with recent data showing total R&D investment as a proporti...

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