2. ENGINEERING AND TECHNOLOGY
Finance Act 2015 introduced the Knowledge Development Box (KDB). The broad objective of the KDB is to promote innovation and provide an incentive whereby profits arising from patented inventions, copyrighted software and certain other specific asset classes can effectively be taxed at a reduced rate of 6.25%.
Doherty, B. et al. (2019) The Knowledge Development Box: An Overview, Innovation and Knowledge Management module, School of Mechanical and Design Engineering TUDublin.