Research & Development (R&D) Corporation Tax credit
Qualifying criteria
A company may qualify for the Research & Development (R&D) Tax Credit or the R&D Corporation Tax Credit if:
- it is within the charge of Corporation Tax in Ireland
- it carries out qualifying R&D activities in Ireland, the European Economic Area (EEA) or the United Kingdom (UK)
- and
- the expenditure does not qualify for a tax deduction in another country.
Qualifying R&D activities
To qualify for the R&D Tax Credit, a company’s R&D activities must:
- involve systematic, investigative or experimental activities
- be in the field of science or technology
- involve one, or more, of the following categories of R&D:
- basic research
- applied research
- experimental development
- seek to make scientific or technological advancement
- and
- involve the resolution of scientific or technological uncertainty.
For further information on the R&D activites that qualify for the R&D Tax Credit, please see the Tax and Duty Manual Part 29-02-03.
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