Analysis of Domestic and Foreign Tax Treatment of Innovation and High Technology Firms. Volume 1. Executive Summary

摘要

Current concerns about international competitiveness of American high technology firms have prompted this study to assess whether differences in individual tax provisions in the United States, West Germany, and Japan add up to a significant difference in overall tax treatment for high technology firms with particular characteristics or in particular business setting. The three-volume report presents the results of an analysis of both domestic and foreign tax treatment of innovation and high technology firms. Volume 1 is the summary report and includes the following: questions addressed by the study; the key findings; the research approach, data, and analysis that produced the findings; caveats to consider when interpreting the results; and policy significance of the results. Much of the data is presented in tabular and graphic form.