As with the research tax credit (RTC) already presented in a previous post, the innovation tax credit is another tax tool that can offset the high costs that patent expenses can represent for a good return on the patent portfolio (combined with communication and marketing efforts).
Innovation Tax Credit (ITC)
SMEs with less than 250 employees whose turnover is less than 50M € or whose balance sheet total is less than 43M €.
Costs related to the design or construction of prototype (s), including personnel costs and capital assets.
Costs of acquiring patents and models, and depreciation relating thereto.
Note: the maximum base is 400 k €.
20%, a maximum of 80 k €.
For the record, the RTC rate is 30% up to 100 million euros 5% beyond.
It is therefore necessary to cumulate the ITC with other tools, in particular the RTC.