As published in the Portuguese Governmental Journal on 10th July (Despacho nº 8993/2013, Diário da República, 2ª série), given that IBET is a private non-profit research organization in the scientific area, it was determined that the donations granted to IBET during 2015 are considered as expenses under the scientific patronage, as foreseen in the Tax Benefits Statute (Art. 62º A do Estatuto dos Benefícios Fiscais).
SIFIDE II, a system of tax incentives for entrepreneurial R&D is now in force until 2020, as per the new Investment Tax Code, aproved by the Decree-Law nº 162/2014. According to that system all the costs related to R&D activities supplied by R&D institutions are eligible expenses for the purpose of that incentive. IBET fully qualifies as a R&D institution for the purpose of this incentive scheme.