American Innovation Matters (AIM), a coalition of companies that includes Cisco, Boeing, Intel, Oracle and Facebook, has released a statement pushing for the introduction of a US patent box, or an "innovation box" as it is known in the United States.
The statement looks at the endorsement on November 16 by Group of Twenty (G-20) leaders of the overhaul to international tax rules developed by the OECD, and confirms that it will result in many US companies facing "new pressures to relocate key investments and jobs unless Congress takes swift action to reform the US approach to international taxation."
