By Ninja-Antonia Reggelin
The German cabinet passed a bill introducing a new tax incentive for research and development (R&D) on Wednesday without any significant material changes from a draft published April 17.
The biggest change is not substantive: the research incentive is now considered a general tax incentive rather than state aid.
The law must still be passed by the parliament (Bundestag) and federal assembly (Bundesrat). The legislative process is expected to be completed by the end of 2019.
First applications for the tax allowance could be submitted from 2021 onwards for R&D expenditures incurred in the year 2020.
Ninja-Antonia Reggelin
Ninja-Antonia Reggelin is based in Berlin, where she is head of tax policy at a business association.
She previously worked at the OECD, contributing to the project that led to the publication of the BEPS Action Plan. Prior to that, she was with PwC Germany, where she focused on international tax structuring.
Ninja holds a Master’s degree (LL.M.) in International Trade Law from Bond University Australia and a Master’s degree (M.A.) in International Relations from the University of Kent Brussels School of International Studies.
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