Taxation of Intangibles: Implications for Growth, Jobs and Competitiveness

Rob Atkinson presentation at the fourteenth annual Tax Policy and Practice Symposium on the Taxation of Intangibles: A focus on intangibles (or tangibles) confuses the real issue. From an economic policy perspective, the focus should not be on intangible capital versus tangible capital. It should be on “smart” capital that generates societal externalities and growth vs. other expenditures that from a societal perspective are capitalized consumption.