Government tax relief for R&D expenditures (GTARD)

Definition

Government tax relief for R&D expenditures (GTARD) describes tax relief provisions that apply to taxpayers strictly as a result of their engagement in R&D performance and/or funding activities, relative to a normal or baseline tax structure.

Source definition

OECD (2015), Frascati Manual 2015: Guidelines for Collecting and Reporting Data on Research and Experimental Development.