Skip to main content
shopping_cart

Your shopping cart is empty

Policy considerations for an Australian patent box regime

Published on 01 Apr 15 by "THE TAX SPECIALIST" JOURNAL ARTICLE

Australia has a problem with innovation efficiency. While the public and private sectors both dedicate significant resources to innovation inputs such as R&D spend, far less resources are committed to producing, protecting and commercialising innovation outputs. A preferential tax policy for profits resulting from commercialisation of IP generated and held in Australia could potentially assist to correct this imbalance. With the right integrity provisions and policy design, such a regime could also be consistent with Australia’s international economic obligations and commitments.

Author profile:

Matthew McLean
Matthew is a leading tax specialist with Australia’s pre-eminent intellectual property firm, Griffith Hack. Matthew works alongside patent attorneys, lawyers, valuation professionals and taxation experts to provide specialised advice tailored to assist businesses to create, protect, manage and commercialise all aspects of their investment in IP. Matthew’s major areas of expertise include tax incentives for R&D and innovation, and transfer pricing aspects of IP. Matthew also advises on a range of other IP-related tax considerations and issues.
Current at 1 April 2015
Click here to expand/collapse more articles by Matthew McLean.
 
Copyright Statement