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=='''Current US Innovation Policy=='''
US Policy Towards Entrepreneurship and Innovation (view source)
Revision as of 16:24, 2 December 2015
, 16:24, 2 December 2015no edit summary
[[Summary of Policies]]
*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.
