AIM Press Releases

American Innovation Matters (AIM)

With Election Complete, Government Must Act to Protect American Innovation

November 9, 2016

WASHINGTON, DC – After a historic election, American Innovation Matters today urged policymakers to move forward on a tax reform package that protects American innovation, jobs, and earnings. AIM spokesperson Jim Morrell issued the following statement:  “While America remains stuck with an outdated tax code, other countries have been stepping up with incentives and tax […]
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American Innovation Matters (AIM)

30th Anniversary of Tax Reform a Reminder that Action is Needed to Protect American Innovation

October 20, 2016

WASHINGTON, DC – Saturday, October 22nd is the thirtieth anniversary of the bipartisan Tax Reform Act of 1986 being signed into law. Reflecting on that landmark success, American Innovation Matters today urged policymakers to again seek a bipartisan tax reform package that includes an IP Box to secure American innovation, jobs, and earnings.  “Thirty years […]
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American Innovation Matters (AIM)

New Estimate of Stranded Earnings Demonstrates Need for Tax Reform

September 30, 2016

WASHINGTON, DC – Newly released numbers from the Joint Committee on Taxation estimate that as much as $2.6 trillion in earnings of American companies are currently being held offshore. This is up from $2.3 trillion in 2012. This ever-growing amount of earnings is being stranded overseas because of the United States’ outdated approach to corporate […]
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American Innovation Matters (AIM)

New Report Urges Tax Reform with an IP Box

September 20, 2016

WASHINGTON, DC – A new report released yesterday by the Information Technology & Innovation Foundation (ITIF) highlights problems with the U.S. tax code and calls on Congress to pursue tax reform with an IP Box, saying it is the most important thing Congress can do to improve the national economy. The report argues responsible tax […]
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American Innovation Matters (AIM)

Britain’s IP Box Spurring New Manufacturing Investments

July 28, 2016

GSK Cites IP Box Policy as Motivation for £275 Million Investment WASHINGTON, DC – Pharmaceutical company GlaxoSmithKline (SGK) yesterday cited the United Kingdom’s IP Box policy as a key reason for the company’s newly announced £275 million investment in three of its UK manufacturing facilities. The new investments are further proof that IP Box tax […]
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American Innovation Matters (AIM)

New AIM Website Makes Case for IP Box Policy

July 5, 2016

WASHINGTON, DC – American Innovation Matters (AIM), a coalition of businesses pushing for the United States to adopt an IP Box tax policy, today launched a new website – www.ipbox4jobs.com. The website is a useful resource that underlies the problems with our current tax code, new threats to the U.S. tax base, and reasons for […]
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American Innovation Matters (AIM)

Paper Discusses the Logic in Adopting an IP Box

May 16, 2016

WASHINGTON, DC – American Innovation Matters (AIM) is pleased to highlight a newly published paper by economist Ike Brannon appearing in Tax Notes that advocates for the adoption of a U.S. IP Box in order to protect American innovation. AIM spokesperson Lisa Camooso Miller issued the following statement: “Brannon’s findings confirm that American intellectual property […]
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American Innovation Matters (AIM)

President Obama and U.S. Treasury Address Inversions with Same Broken Response

April 5, 2016

WASHINGTON, DC – Today, President Obama addressed the U.S. Department of Treasury’s announcement of new rules designed to combat corporate inversions. In response, American Innovation Matters (AIM) spokesperson Lisa Camooso Miller issued the following statement: “The president needs to recognize that you can’t punish companies into doing business in America. An all stick, no carrot […]
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American Innovation Matters (AIM)

OECD Official Wrongly Dismisses the IP Box

March 10, 2016

WASHINGTON, DC – American Innovation Matters (AIM) firmly disputes a claim by the Director of the OECD’s Centre for Tax Policy Pascal Saint-Amans that an IP Box tax policy would not foster growth in intellectual property (IP) innovation. “Mr. Saint-Amans comments ignore the reality that an IP Box spurs domestic investment. That is why 13 […]
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American Innovation Matters (AIM)

European Commission Directive Will Punish American Companies and American Taxpayers

January 27, 2016

Should Compel Congress to Address International Tax Reform Now WASHINGTON, DC – American multinational corporations expressed concern about a new European Commission directive being unveiled on Thursday, and urged Congress to take quick action on international tax reform. The Commission’s directive, if approved by European countries, would allow foreign governments to retroactively tax American companies […]
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