Turkey Announces R&D Incentives Reform Package
On 14 January 2016, Turkey's Prime Minister Ahmet Davutoğlu announced a package of reform measures to promote research and development (R&D) activities in the country. Some of the key measures include:
- The minimum number of employees required to benefit from R&D incentives will be reduced from 30 to 15;
- The government will finance a portion of R&D employees' salaries up to the mini…