In the UK companies can deduct up to 175% of R&D spending in calculating their profit for

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In the UK companies can deduct up to 175%

of R&D spending in calculating their profit for tax purposes. How is that supposed to affect investment according to theory and to the available empirical evidence?

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Macroeconomics Policy And Practice

ISBN: 9781292019598

2nd Global Edition

Authors: Frederic S Mishkin

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