Gundert, Hannah; Nicolay, Katharina; Steinbrenner, Daniela - 2023
Tax incentives are a key component of governments' investment policy mix as they directly impact companies' tax burden … corporate tax rate cuts, notional interest deductions and R&D incentives reduce the effective average tax rate significantly …. However, we argue that targeted measures such as accelerated depreciations and R&D incentives are most suitable for creating …