As governments throughout the Asia Pacific (ASPAC) region and the world increase and enhance their support for Research and Development (R&D) investment, globally mobile businesses are faced with a variety of regional tax schemes, sovereign laws and restrictions. This is further compounded by additional challenges that may include net costs, intellectual property, transfer pricing, and more.
However, for those wanting to navigate the complexities of today’s fast-changing ASPAC R&D incentives, the benefits can be tangible.
The fifth edition of the KPMG ASPAC R&D Incentives Guide Summary provides key insights into the R&D tax schemes for these ASPAC countries:
Australia, China and Hong Kong, India, Japan, Malaysia, New Zealand, Pakistan, Papua New Guinea, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, and Vietnam.
In addition, the guide also discusses what you need to consider regarding location, restrictions, and opportunities.
As R&D incentives develop and mature, it’s essential you stay ahead of the changes.
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