INTERES Invest in Spain

• Attractive tax system for foreign investment
• The most favourable fiscal incentives for R&D among OECD countries for large companies, and the second most favourable for SMEs

Source: Eurostat 2007

Index based on the before tax income required to break even on one dollar of R&D expenditure taking into account corporate income tax rates and R&D incentives

Fuente: Ernst & Young/Forbes Global 2006

Note: Index based on the before tax income required to break even on one dollar of R&D expenditure, taking into account corporate income tax rates and R&D incentives (R&D aid=1-index)

Fuente: OCDE, 2007