Innovation and Taxation in the EU. Where are we? Conceptual Approach

For some time now we have been hearing more frequently about innovation and innovation policy. Being a non-tax term, its meaning seems to have been transferred to the popular jargon and progressively it seems that it loses its north and its content is reduced on account of the global tax measures. The limits imposed on the so-called innovation and patent boxes (IPB hereafter) and the potential effects of Action 1 with the 15% minimum rate and the demonstrate this. In this article I approach the subject to show that the tax policy defined from Brussels generates a reducing effect in a matter on which it is not very clear that a policy with an exclusively anti-abuse emphasis is appropriate. This insofar as the basic economic cycle of the capitalist economy rests on innovation, which in turn responds to the socalled self-destructive creation cycle. Rather than specific cases of the crusade against hybrids, structures and other instruments, the focus of this research is dogmatic in a review of the theory of innovation and the course set by the European Commission.