Agrawal, Ajay
Tax credits and small firm R&D spendig / Ajay Agrawal, Carlos Rosell, Timothy Simcoe .-- , 2020
Bibliografía
In 2004, Canada changed the eligibility rules for its Scientific Research and Experimental Development (SRED) tax credit, which provides tax incentives for R&D conducted by small private firms. Difference-in-difference estimates show a 17 percent increase in total R&D among eligible firms. The impact was larger for firms that took the tax credits as refunds because they had no current tax liability. Contract R&D expenditures were more elastic than the R&D wage bill. The response was also greater for firms that invested in R&D capital before the policy change.
CANADA
POLITICA FISCAL
INVESTIGACION
Rosell, Carlos
Simcoe, Timothy
American Economic Journal : Economic Policy 1945-7731volume 12, number 2, may 2020, p. 1-21
Tax credits and small firm R&D spendig / Ajay Agrawal, Carlos Rosell, Timothy Simcoe .-- , 2020
Bibliografía
In 2004, Canada changed the eligibility rules for its Scientific Research and Experimental Development (SRED) tax credit, which provides tax incentives for R&D conducted by small private firms. Difference-in-difference estimates show a 17 percent increase in total R&D among eligible firms. The impact was larger for firms that took the tax credits as refunds because they had no current tax liability. Contract R&D expenditures were more elastic than the R&D wage bill. The response was also greater for firms that invested in R&D capital before the policy change.
CANADA
POLITICA FISCAL
INVESTIGACION
Rosell, Carlos
Simcoe, Timothy
American Economic Journal : Economic Policy 1945-7731volume 12, number 2, may 2020, p. 1-21