Policy Observatory Policy Observatory

  • Home
  • About
  • News & Views
  • Suggest
  • Startups
  • Privacy
    • Data retention legislation in Europe
    • Personal data breaches
    • Personal data security
  • Intellectual Property Rights
    • Basic Intellectual Property Legislation
    • EU Orphan Works directive implementation
    • Internet blocking or filtering following IPRs enforcement measures
  • Internet Governance
    • European ccTLDds Management
    • European actors in Internet Governance discussions
    • Net Neutrality Policies
  • Policy Overview:

Ireland: 6.25 percent corporate tax on intellectual property

http://www.reuters.com/article/2014/10/17/ireland-tax-idUSL6N0SC16920141017

Source: Ireland is considering levying corporate tax at half its standard 12.5 percent rate on profits from intellectual property under a scheme it is preparing to submit to the European Commission. The government announced plans to introduce a "Knowledge Development Box" tax scheme in a year's time, similar to "patent boxes" in other jurisdictions, whereby profits earned from patented inventions are subject to a lower rate of corporation tax. The Irish Times, without citing sources, said the government was also considering an 8 percent tax rate on intellectual property, which would be in line with a similar scheme in the Netherlands.

Country: Ireland

Domains: IPR

Stakeholder: Government

Tags: tax loophole, Double Irish, intellectual property, European Commission, corporate tax, patent, Knowledge Development Box tax scheme, government, Ireland

Posted on Saturday 15 November 2014

Previous item: « Estonia First Country to Offer E-Residency Digital Citizenship Next item: Google pushes for US Privacy Act extended to EU citizens »

European Union

The MAPPING project has received funding
from the European Union’s
Seventh Framework Programme for research,
technological development and demonstration
under grant agreement no 612345.

CCBY