RTC : research tax credit
The research tax credit is a tax reduction calculated on the basis of the actual R&D expenses incurred by the company claiming it.
The research tax credit is deducted from the corporate income tax due for the year in which the expenses were incurred, up to a maximum of 100 million euros per year per company.
The RTC allows to recover 30% of the industrial property invoices, fees, translations, official taxes included.
Read the full article: CIR or research tax credit, how does it work?