Expanding the R&D credit would spur job creation and innovation.

Countries compete for mobile, high-value-added jobs, and increasingly they use their tax code as a key tool

Although once offering the most generous R&D tax credit in the world, the United States now ranks 17th out of the 30 OECD countries.

This ITIF event will examine the issue of corporate tax reform, including laying out the principles that should guide corporate tax reform given the realities of the global economy and the types of specific policy recommendations that should be considered. ITIF will also release a new report, Principles of Corporate Tax Reform in the Global Innovation Economy.

A new ITIF report, Effective Corporate Tax Reform in the Global Innovation Economy, examines the issue of corporate tax reform and lays out key principles for policymakers to consider as well as specific policy recommendations for crafting an innovation-based corporate tax code.

In a testimony before the Judiciary Subcommittee on Commercial and Administrative Law, Rob Atkinson discusses why discriminatory taxes on wireless services have a negative impact on economic growth and innovation.

In the Fall 2008/2009 issue of the Yale Journal of Law and Technology, ITIF lays out a framework for the new administration’s technology policy to help spur growth and progress throughout the economy and government.

Under current tax law, U.S. companies can defer the U.S. tax on the profits earned by their foreign-based subsidiaries until they transfer those profits back to the parent company here in the United States. In their new report, Robert Shapiro and Aparna Mathur analyze the impact of temporarily reducing the U.S. tax on repatriated profits on U.S. jobs, capital investment, and the financial squeeze.