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Patents: EU Action

HM Treasury written question – answered on 26th February 2015.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask Mr Chancellor of the Exchequer, what representations he has received from (a) the EU Commission and (b) other EU Member States on the patent box legislation.

Photo of David Gauke David Gauke The Financial Secretary to the Treasury

The UK is fully engaged with EU Commission and other EU Member States through the work of the EU Code of Conduct Group in their work on the UK Patent Box.

I refer the Hon Gentleman to the joint statement on 11 November 2014 agreed by the UK and Germany on the international governance of preferential IP regimes including the UK Patent Box. Parliament was informed of this in a Written Ministerial Statement delivered on 2nd December 2014. This proposal has been submitted to, and subsequently endorsed by, the EU Code of Conduct Group along with the OECD Forum on Harmful Tax Practices.

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