Patent Box – analysis
The Patent Box is a UK Government scheme offering favourable corporation tax treatment on profits arising from patented products and processes.
Draft legislation was published on 6 December 2011 which, subject to a final round of consultation and further revision, will be incorporated into the Finance Bill in 2012.
An outline of these proposals and what they might mean to companies which hold and exploit patents is available to download below. Please see pages 14 and 15 for how EIP can assist.