Koroleva L.P.Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation korol.l@mail.ru
Importance The article is relevant since Russia should strengthen its positions in the global patent system, attract investment in intellectual capital, and geographically expand IP-Box regime, being a special tax treatment of income from intellectual property. The research focuses on essentials of this tax regime in foreign countries and initiatives to modify them in countering global abusive tax competition. Objectives I examine contemporary specifics of global tax competition for income from intellectual property and advanced foreign practices of fostering investment in intellectual capital. Methods The article constitutes a comparative analysis of the existing tax regimes applicable to income from intellectual property in China and 14 EU countries. I studied the requirements to their modification in line with the EU and OECD Modified Nexus Approach. I reviewed initiatives of Ireland, USA, Australia, Canada for introducing special tax treatment of income from intellectual property. Results I classified tax regimes per some indicia, i.e. scope, tax base type, preference assessment procedure, effective tax rate type, priorities, and determined contemporary trends in transformation and global expansion of IN-Box regime. Conclusions and Relevance It is necessary to transform tax treatment of development and operation of intellectual property in Russia in line with new challenges of global economy, specifics and trends of tax treatment applicable to income from intellectual property.
Keywords: tax incentives, R&D, intellectual property, commercialization, international tax competition
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