Will Innovation in Asia-Pacific Be Enhanced by Innovation Box Regimes?

The article first introduces the concept of the innovation box and its relevance to the OECD’s work on harmful tax practices. It then examines innovation box regimes in selected Asia-Pacific countries, namely Japan, Singapore, Hong Kong and Australia. By comparing the features of these regimes, the article aims to contribute to a more comprehensive understanding of their potential to stimulate innovation and foster economic growth in the region.