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Current Entrepreneurship and Innovation Policies (view source)
Revision as of 15:25, 7 June 2016
, 15:25, 7 June 2016no edit summary
==Innovation==
*Under the The Innovation Promotion Act of 2015, companies will be allowed up to a 71% deduction of the lessor of either their taxable income or their innovation box profit. Qualified innovation property would include patents, inventions, formulas, processes, computer software, and possible other innovations.
==References==
http://www.ncsl.org/documents/fiscal/entrepreneurshipFINAL05.pdf
http://waysandmeans.house.gov/wp-content/uploads/2015/07/Boustany-Neal-IP-box-section-by-section-FINAL.pdf
