Uurimaksu

Uurimaksu is a Finnish term that translates to "research tax" or "research levy." It refers to a type of tax or fee imposed on businesses, often within specific sectors, to fund research and development activities. The exact nature and application of uurimaksu can vary. In some contexts, it might be a direct contribution by companies to a national research fund, while in others, it could be a deduction from taxable income tied to R&D expenditure. The primary goal of such a levy is to encourage and support innovation within the country's economy. These funds can be used to finance academic research institutions, support private sector R&D projects, or develop new technologies and industries. The implementation of uurimaksu is typically a policy decision made by the government to strategically invest in its future economic competitiveness and technological advancement. The specific industries targeted and the rate of the tax are usually determined based on national economic priorities and the perceived potential for R&D growth within those sectors.