Tax credit for patents in France
There is a specific tax credit mechanism in France known as “Credit d’impôt recherche” or tax credit for research (TCR). The mechanism provides for a tax credit equal to 30% of research and development (R&D) expenses up to 100 million euros and equal to 5% above that amount.
The system is highly valuable for industrial, commercial or agricultural companies.
French General Tax Regulations give a list of R&D expenses that…