Multinationals given tax breaks for research

The world’s richest countries are increasingly offering tax benefits to encourage multinational companies to invest in research and development, at the expense of innovative SMEs, according to a OECD report released in October 2013.

• Primary Source

OECD: Report, October 2013: Supporting Investment in Knowledge Capital, Investment and Innovation http://www.oecd.org/sti/ind/newsourcesofgrowthknowledge-basedcapital.htm

---