Bernhard Gilbey, Linda Pfatteicher and Tim Jarvis (Squire Patton Boggs) examine the issues facing preferential tax regimes.
In November 2010 the UK government announced its first thoughts regarding a potential patent box regime. Although a little late to the party the announcement heralded the introduction of a preferential tax regime for certain types of intellectual property (IP). The legislation that put the rules into effect became Part 8A of CTA 2010.
The UK’s actions came some time after several other countries had introduced their own types of preferential regimes. France first developed a patent box regime in 1971 and countries such as Belgium The Netherlands and Luxembourg introduced their preferential tax regimes in 2007 and 2008.
Ironically not long after the UK introduced its patent box regime the OECD’s base erosion and...
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Bernhard Gilbey, Linda Pfatteicher and Tim Jarvis (Squire Patton Boggs) examine the issues facing preferential tax regimes.
In November 2010 the UK government announced its first thoughts regarding a potential patent box regime. Although a little late to the party the announcement heralded the introduction of a preferential tax regime for certain types of intellectual property (IP). The legislation that put the rules into effect became Part 8A of CTA 2010.
The UK’s actions came some time after several other countries had introduced their own types of preferential regimes. France first developed a patent box regime in 1971 and countries such as Belgium The Netherlands and Luxembourg introduced their preferential tax regimes in 2007 and 2008.
Ironically not long after the UK introduced its patent box regime the OECD’s base erosion and...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
