, the introduction of a licence box, a substantial reduction in the cantonal profit tax rates and an allowance for excess … reveal that the licence box, combined with the reduction in the cantonal profit tax, limits the outflow of the tax base of … fact that regularly taxed companies also benefit from the licence box render the reform package costly, such that the tax …

, the introduction of a licence box, a substantial reduction in the cantonal profit tax rates and an allowance for excess … reveal that the licence box, combined with the reduction in the cantonal profit tax, limits the outflow of the tax base of … fact that regularly taxed companies also benefit from the licence box render the reform package costly, such that the tax …

, the introduction of a licence box, a substantial reduction in the cantonal profit tax rates and an allowance for excess … reveal that the licence box, combined with the reduction in the cantonal profit tax, limits the outflow of the tax base of … fact that regularly taxed companies also benefit from the licence box render the reform package costly, such that the tax …

, the introduction of a licence box, a substantial reduction in the cantonal profit tax rates and an allowance for excess … reveal that the licence box, combined with the reduction in the cantonal profit tax, limits the outflow of the tax base of … fact that regularly taxed companies also benefit from the licence box render the reform package costly, such that the tax …

system is the introduction of a licence box, in which income from patents, licences and trademarks, for instance, are taxed … the effects of introducing a licence box at the level of the Swiss Cantons (see Chatagny, Köthenbürger and Stimmelmayr …, 2014). The results reveal that the licence box, combined with a reduction in the cantonal profit tax rate, limits the …