The implied tax subsidy rates on R&D expenditures for loss-making SMEs in Brazil showed consistent values of 0.3 up until 2023. In 2024, the rate is forecast to slightly increase, maintaining a value of 0.31 until 2028. The year-on-year increase from 2025 to 2026 is approximately 3.33%, while from 2026 to 2027 and 2027 to 2028, it shows stability. Over the forecasted five-year period, the CAGR reveals minimal growth.
Future Trends to Watch For:
- Government policy changes affecting tax incentives for R&D.
- Economic conditions influencing SME investment capabilities.
- Technological advancements and their impact on R&D activities.
