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Research premium increased to 12 percent

Photo: Philipp von Lattorff, Boehringer Ingelheim Austria © Photo: Philipp von Lattorff, Boehringer Ingelheim Austria

One of the 2015/16 tax reform measures to strengthen companies operating in Austria is an increase in the research premium from ten to twelve percent starting in 2016. This step improves the good business environment which already exists in Austria for the benefit of corporate innovations, as confirmed by the German pharmaceutical company Boehringer Ingelheim, which is continually expanding its research activities in Austria. The conditions for the research and development of complex medicines, for example as required in the field of immune-oncology, are very good in Austria, Lattorff said in an interview with the daily newspaper “Der Standard”. The Boehringer Ingelheim group, which spends 200 million euros for clinical and non-clinical research annually, employs 1,400 people in Vienna, including 270 researchers from some 30 nations.

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