ACCIM chief: 100% tax break can boost R&D


KUALA LUMPUR: Research and development (R&D) activities in Malaysia could be intensified if the authorities emulate China's move in giving companies 100% tax deduction on R&D expenditure. 

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) president Tan Sri William Cheng said the Government could also provide financial aid for R&D, similar to China's practice. 

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