Research tax credit refocused: end of the young PhD scheme and patent expenses
Articles 55 and 58 of the 2025 Finance Act amend the research tax credit: the enhanced treatment of young PhD holders is abolished, patent and plant variety certificate filing, maintenance and defence costs are excluded, the flat-rate operating cost allowance is cut from 43% to 40%, and the definition of public aid deducted from the base is widened.
Measure originators
No official estimate found for this measure.
Measure impact
Concerns companies claiming the research tax credit, for expenses incurred from 15 February 2025. Industrial property costs no longer generate a credit and hiring young PhD holders no longer gives a specific advantage.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
Debate and vote
National Assembly has the final say
Si Ă©chec CMP
Joint committee
DĂ©saccord Ă©ventuel
Debate and vote
Council of Ministers
Validation interne