Document Type

Article

Publication Date

4-2008

Abstract

This article explores whether exceptions from Asset-capitalization and rational tax depreciation rates are justified to reflect the realities of today's segmentation of the innovation market. The authors argue that the federal tax subsidy for innovation should not be limited to initial research, but should be expanded to cover desirable acquisitions in order to achieve optimal innovation outcomes and enhanced economic growth.

Publication Title

American University Law Review

Volume

57

Issue

4

Article Number

1038

First Page

775

Last Page

820

Included in

Tax Law Commons

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