Kate Alexander compares the intellectual property regimes in other EU member states to that of the UK’s, and analyses the potential challenges to the UK patent box regime and their impact.
A news item from The Wall Street Journal (Europe) on 16 October 2013 carried the headline ‘EU raps UK over “patent box” scheme’ and says that the Commission had said ‘in an opinion distributed to finance ministers that the scheme violates several provisions of the EU’s code of conduct on taxation’.
The news article said it was because the regime is not sufficiently linked to real economic activity in the UK and that the formula for determining how much profit is derived from a particular patent is not in line with international principles.
This follows on from several headline news items over the...
154b629c-a3db-43b3-86bb-22735d230f31.jpg?sfvrsn=ca7ede18_1)
