Abstract
Tax Incentives for Research and Development in OECD and EU Countries Tax preferences are at the forefront of R&D incentive measures. The article examines the nature and extent of the spread of different R&D tax preferences among OECD and EU countries. The advantages and disadvantages of different tax preferences are discussed. The latest changes in the application of tax relief in various countries are examined. There is a trend of increasing the availability and size of tax incentives for R&D in the OECD area and beyond. At the same time, it is pointed out that excessively frequent changes in tax incentives for R&D can lead to some degree of fiscal uncertainty, the effects of which can have a negative influence on R&D and innovation. Recommendations are given and the need to introduce tax incentives for R&D in Bulgaria is justified.
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