CXR Biosciences receives French Research Tax Credit accreditation

CXR Biosciences, the investigative and exploratory toxicology company, is pleased to announce that it has received French research tax credit approval for years 2015 through to 2017.

The French Ministry of Research (Ministère de l’Enseignement Supérieur et de la Recherche) has granted the French R&D tax credit (“Crédit d’Impôt Recherche”, CIR) accreditation to CXR as of November 2015. This initiative allows eligible French R&D companies subject to corporate tax in France, the ability to claim significant tax relief on the cost of R&D that is outsourced to CXR Biosciences.

The agreement can be downloaded here.

Additional information on the French research tax credit system is available from the Ministère de l’Enseignement Supérieur et de la Recherche site – http://www.enseignementsup-recherche.gouv.fr/pid24835/credit-impot-recherche-cir.html