Adopting a Canadian Patent/Innovation Box

Adoption of a Patent or Innovation Box to help Accelerate Intellectual Property (IP) Exploitation and Commercialization Success in Canada: Expert Views Support Advocacy Campaign

CATA Alliance

CATAAlliance has launched an advocacy campaign to encourage the adoption of a Canadian form of the “Patent Box”, i.e. an “Innovation Box”. The Canadian “Innovation Box” would be tailored to provide a preferential, competitive tax regime for the successful exploitation and commercialization of Intellectual Property (IP), including patents, in Canada.

The Campaign, concludes, “The key is how to keep IP (Intellectual Property) at home and commercialize it. Our foreign affiliate rules are not neutral with respect to taxation of IP income taxed in Canada vs. IP income taxed in a low tax jurisdiction and then brought back to Canada tax free. One approach is lower corporate tax rates – starting with low tax rates on income derived from Canadian developed IP”.

Learn more here.

2 Responses to “Adopting a Canadian Patent/Innovation Box”

  1. says:

    If another patent has been filed as such, you are out of luck.
    These classes of subject matter taken together include practically
    all things that are made by man and the processes for making them.
    Registration of patent is a process of granting ownership provided
    by the government to product’s original inventor for an invention in any kind product or service that would be offer to the international market.

  2. Remember that a patent attorney has to get himself registered for practising in the
    society. Either way you will still be able to adequately roll your bat.

    This would also give a way for certain modifications that you would want to create.

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