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11 European countries now operate IP Box regimes that provide substantially reduced rates of corporate tax for income derived from important forms of intellectual property. We incorporate these policies into forward-looking measures of the cost of capital, effective marginal tax rates and...
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investments in innovation. The implementation of R&D tax credit schemes, however, varies across countries. The empirical research …, to explore the relationship between a set of R&D tax scheme features and innovation performance. Our estimation results … hybrid tax credit scheme positively relates to innovation output. The business sector R&D investment are higher in the …
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