Monthly Archives: April 2010

Malta: new patent royalty exemption

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).

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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.

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