The 1990 R&D Tax Credit: A Uniform Tax on Inputs and a Subsidy for R&D

Although the R&D tax credit is viewed, in part, as the equivalent to a uniform tax on all inputs, the effect is minimal (to the extent its effect is uniform across all inputs) and creates no substitution distortions. Shows that the current system offers a greater marginal incentive for R&D than the system that was in place prior to 1990.

MoreLess

Year of publication:	1996
Authors:	Watson, Harry S.
Published in:	National Tax Journal. - National Tax Association - NTA. - Vol. 49.1996, 1, p. 93-103
Publisher:	National Tax Association - NTA

More details

Extent:	application/pdf text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010788641