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*[[:Innovation Promotion Act|Innovation Promotion Act]]
The "Innovation Promotion Act of 2015" was released as a discussion draft on July 31, 2015. The act promotes a reduction of taxes to 10% for income from intellectual property. It also proposes qualifying tax distributions of qualifying intellectual property from a controlled foreign corporation to the US parent company. This act is indicative of the United States' effort to attract and foster more innovation and research.There has also been extensive [[:Feedback on the Innovation Promotion Act| feedback]] 
[[Feedback on the Innovation Promotion Act]]
'''Current US Entrepreneurship Policy'''
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