4 ms·
A tax credit gets paid out if you end in green doesn’t it?
by therealdrag0 3y ago
A tax credit gets paid out if you end in green doesn’t it?
- oldandboring 3y agoA refundable credit does, but not all credits are refundable.
- Gormo 3y agoA credit does, but a deduction does not. I'm not sure where the previous commenter is getting this information from, since I can't find any documentation of a 135% tax deduction for R&D in Switzerland anywhere online, but if it is a deduction and not a credit, it means that it just offsets taxes on other income.