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To help businesses, governments offer research and development tax credits special deductions for research and innovation to offset income tax liabilities. Businesses whose research relates to a product, process, software, technique, formula, or invention. Innovation is key to maintaining a top market position.
At the same time, while the whole world is suffering huge losses due to shutdowns, the Chinese automotive industry has been fruitfully developing after a couple of months of deadtime at the beginning of 2020. “The Western European automobile market will need about 10 years to reach the size of 2019 again.” – says Prof. E-Mobility.
As affordable housing shortages continue to plague communities around the world, governments have struck back with legislation of varying types and severity. If passed, the bill would be effective as of July 1, 2025 for vacation rentals in West Maui and as of January 1, 2026 for those in the rest of Maui County.
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