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Patent box fails to translate into UK applications

Emma Barraclough, London

With just a week to go before a new tax break for patent owners comes into effect in the UK, data from the country’s IP office suggests it is having little effect on domestic patenting activity

The tax relief, known as the patent box, will see profits derived from patents taxed at 10% from April 1, rather than the standard rate of 23%. The lower rate will apply to patents already granted, as well as new...

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