According to GEO no. 115/2024, taxpayers which apply an additional 50% deduction to the result of their tax calculation can reduce the minimum business turnover tax (“IMCA”) by the amount obtained by applying a 16% rate to the amount representing the additional 50% deduction from the eligible expenses for R&D activities.
This tax incentive applies to the determination of the IMCA for the fiscal year 2024 or the modified fiscal year starting in 2024.