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Content: The Netherlands offers tax rate incentives for innovation. Companies that invest in research and development (R&D) activities can benefit from reduced corporate tax rates. There are also tax credits available for R&D expenditures. This encourages businesses to allocate more resources to innovation, which can lead to the development of new products, services, and technologies. By providing these tax incentives, the Netherlands aims to enhance its competitiveness in the global knowledge - based economy, attract high - tech companies, and create high - quality jobs in the innovation - related sectors.
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