UK Patent Box under threat as European Commission scrutinises regime

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

UK Patent Box under threat as European Commission scrutinises regime

Matthew Gilleard
October 23, 2013
patent-box.jpg

The European Commission said the regime contravenes certain provisions in the EU’s Code of Conduct on Taxation. The code is voluntary, but if the UK does not acknowledge the opinion (delivered to finance ministers on Tuesday) it would be the first time a member state’s government has ignored a commission opinion.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsDirect TaxGermanyEuropean UnionUnited KingdomTax DisputesEurope
MG
Matthew Gilleard
Contact
Matthew Gilleard worked at ITR between 2010 and 2016
more across site & bottom lb ros

More from across our site

Transfer Pricing
Judge's gavel is on a podium in front of a flag. The flag is a mix of European flags
ITR’s European litigation report finds firms raring for TP disputes
Firms are starkly divided on the benefits of specialist tax litigation teams over generalist practices, ITR’s analysis also finds
Tom Baker, January 15, 2025
Direct Tax
Russell Gammon.jpg
Tax Systems launches pillar two compliance and reporting software
A ‘second piece of the puzzle’ for the software regarding filing requirements is still to arrive, Tax Systems’ chief solutions officer Russell Gammon tells ITR
Sam Sholli, January 15, 2025
Transfer Pricing
OECD building
Amount B reservations holding up pillar one agreement, OECD reveals
Just one member objected to the multilateral convention on amount A, citing concerns over amount B
Tom Baker, January 14, 2025
Direct Tax
jamie carey cropped.jpg
Tax specialist Carey assumes IBA’s top role
Jaime Carey wishes to broaden the IBA’s visibility in Africa and Asia during his tenure
Sam Sholli, January 13, 2025
Direct Tax
The building with a logo of Baker McKenzie international law firm in Stockholm.
Tax disputes a chief concern for 25% of in-house lawyers
Baker McKenzie’s survey of 600 corporate counsel also found that global employee mobility issues were a key driver of tax controversy
Sam Sholli, January 10, 2025
Direct Tax
1024px-Donald_Trump_(53911666084).jpg
This week in tax: Trump appoints former PwC tax leader to key Treasury role
Ken Kies has been named as assistant secretary for tax policy; in other news, Baker McKenzie has boosted its US tax practice with a double hire
Tom Baker, January 10, 2025
Direct Tax
international-2693204_1280.jpg
Analysing recent trends in Indian income tax disputes
The increasing sophistication of India’s taxation system has led to complexity across tax treaty benefits, permanent establishments, transfer pricing and more, say Sanjay Sanghvi and Ujjval Gangwal of Khaitan & Co
Sanjay Sanghvi, January 09, 2025
Transfer Pricing
Pillar two is revising global tax competition with a 15% minimum tax rate
Pillar two to target 49% of shifted corporate profits: Slovakia report
Multinationals will continue to shift profits out of Slovakia to EU member states despite pillar two’s implementation, according to the report
Sam Sholli, January 09, 2025
Direct Tax
PwC.jfif
PwC Australia completes TPB tax leaks scandal reporting obligations
The firm’s final report outlined new mandatory staff training designed to enhance ethical conduct; meanwhile former PwC Australia partner Wayne Plummer has been cleared of wrongdoing
Tom Ravlic, January 08, 2025
Indirect Tax
EU flags waving in front of European Parliament building in Brus
This month in indirect tax: EU cuts VAT gap but more to be done
Goods and services key to Africa’s tax revenue; electronic exemptions come to Europe; UK private school VAT challenge reaches High Court
Ralph Cunningham, January 08, 2025
Gift this article