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Intellectual Property Law
: IPKatSudden U-turn -- UK government not so bad after all
By Johanna Gibson, David Pearce, Jeremy Phillips and Ilanah Simon.
Following the IPKat's previous post, he has been deluged with emails telling him that the taxation of patent income at 10% is a good thing, not a bad one, since the current level of taxation under Corporation Tax is 28%. The Kat was under the impression from the first bits of news he received that the 10% was in addition to, rather than instead of, the current tax.Thanks to the very many of you who have emailed, posted comments etc.
Further news of the pre-budget report can be retrieved from the Olswang Budget Blog here.
Full post as published by IPKat on December 09, 2009 (boomark / email).
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