Expert Note

Article 11: A Strategy Beyond a Tax Exemption

How research spending can be turned into a financial asset and an engine for technology development.

By Dr. Ali MohammadiJun 4, 20257 min

Most companies treat Article 11 as a tax-cutting tool. A strategic reading turns it into a mechanism for converting research spending into a durable financial asset.

When research projects are aligned with real business needs, the exemption stops being a one-off discount and becomes a recoverable investment in the organization’s technological capacity.

The key to leverage is rigorous documentation and tying every unit of spend to a defined technology outcome — exactly what Novaco operationalizes through its four-stage model.

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