The Maltese Government approved a number of changes to their tax laws on 16th April 2010 – of particular interest on IP is the news that, with immediate effect, royalty and similar income derived from qualifying patents in respect of inventions will be exempt from Malta income tax (subject to conditions still to be announced, including a cap on the maximum amount that may be exempted – and the EU may well have some comments on the matter).
Monthly Archives: April 2010
14
Apr 10
UK: Changes to IP Customs Procedures
HMRC’s Notice 34 on intellectual property rights enforcement at the UK external border has been updated (although not yet on the HMRC website) to take into account changes in EC regulations.
07
Apr 10
Seminar: IP tax
Hardwicke Chambers, in association with Gray’s Inn Tax Chambers, are putting on a seminar on IP and tax, on May 12th, looking at: what is intellectual property; why move IPR; how does one move IPR and the stumbling blocks that may be involved.
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02
Apr 10
China: royalties and tax treaties
The Chinese tax authority (State Administration of Taxation) issued supplemental guidance on the application of the royalties article in China’s tax treaties and the types of payments that will be considered royalties; this guidance is in Circular 46, and is supplemental to Circular 507 issued in September last year.