At the outset of his study, Zucman states, “It is apparent to many observers that the textbook model of tax competition doesn’t capture the behavior of today’s largest multinational companies well. [read post]

Table of Contents Key Findings Introduction R&D Tax Incentives for Innovation R&D Tax Subsidies for Innovation in OECD Countries — Tax Preferences for R&D Expenses — Measuring Tax Subsidies for R&D Spending — Patent Boxes in OECD Countries The Impacts of Tax Preferences on Innovation — Cross-border Shifting and Beggar-Thy-Neighbor Effects A Neutral Tax Policy Approach to Business Investment Conclusion Appendix Key Findings Tax preferences for research and… [read post]

The cartoonish collage clearly expressed a value judgment about an issue of general public interest related to a country’s foreign policy. [read post]