The Luxembourg Effect: Patent Boxes and the Limits of International Cooperation.

The article discusses intellectual property tax incentives known as patent boxes in relation to the author's views about the limits of international cooperation as of 2017, and it mentions how several countries provide tax credits and deductions for research and development (R&D) expenses and reduced wage taxes for R&D-related employees. European Union law is examined, along with the Base Erosion and Profit Shifting (BEPS) Project, international taxation, and the European Court of Justice.