Research, Development and Innovation: Tax incentives and economic growth in Romania
Tax incentives and economic growth in Romania
Without being an exhaustive analysis, this study aims to provide a brief picture of Romania’s performance in the RDI sector (also underlining its importance in the national economic framework), emphasizing the significant potential which tax incentives have, if applied in various specific areas.
We believe the timing for this analysis is the right one, given the recent amendments to tax law with a direct impact on this sector at national level, as well as the significant imbalances found in Romania with regard to its specific evolution, particularly in the context of regional competitiveness at EU level.
We are confident that KPMG’s initiative will represent a landmark for future public debate on this subject, as well as an invitation to reflection, addressed to decision makers and also to those who actively take part in shaping the Romanian RDI sector.
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