SIFIDE (filing)
Funds Portuguese hardware innovation through continuous incentive mechanisms for firms.
SIFIDE (Sistema de Incentivos Fiscais em Investigação e Desenvolvimento Empresarial) is Portugal's principal tax incentive mechanism for business R&D, administered by ANI — Agência Nacional de Inovação — under legislation that dates to 1997 and has been operative as SIFIDE II since 2011. It is a corporate income tax (IRC) credit, not a cash grant: qualifying Portuguese companies deduct a base rate…
Provides Portuguese companies with a deductible corporate tax credit of up to 82.5% of qualifying R&D expenses incurred in the relevant fiscal year.
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