====== Tax Deductable Technological Research Law ======

[ [[Union Laws]], [[Union]] ]

This law, defining subsidies for cooperative technology development, was voted into force in [[forum>318|Turn 34]].

  - The Union wishes to promote cooperation between its members in the development of technology.
  - Member worlds may reduce their taxes due by 15% of their spending on technological development, provided they meet the following conditions:
    - At least two member worlds must cooperate in the development of the technology, with each contributor paying adding at least half the amount of the biggest contributor to qualify.
    - The technology being developed must be sharable. Any technology that cannot be exchanged does not qualify.
    - The member worlds must make and keep the developed technology available for purchase to other Union members within two (:turn) turns of completing the technology (OOC: Post on the trade forum)
  - The selling price of the technology may not be more than half the total cost of developing the technology.
  - To help pay for this, the fee for housing a Union Defense Fleet is reduced from 40 (:tax) to 25 (:tax) with the liberated funds transfered from the Defence Budget to the Research Budget.

//Note: Traditionally, technologies acquired with the aid of this law are registered at the [[union technology registry]]//