Knowledge Development Box (Certification of Inventions) Bill 2016
Public bill · Government · Presented
Sets up a certification process for small and medium Irish companies doing research and development so they can qualify for a lower tax rate on income from certain inventions. It gives the Controller of Patents, Designs and Trade Marks power to check whether an invention is new, not obvious and useful, to issue or refuse certificates, and to protect the information filed. It also changes patent law so newer Irish patents will still count for the tax relief after the rules change in 2017.
Formal long title
Bill entitled an Act to provide for the issue, by the Controller of Patents, Designs and Trade Marks, to a relevant company of a knowledge development box certificate in respect of an invention by that company which is novel, non-obvious and useful, as specified in the definition of "intellectual property for small companies" in section 769R of the Taxes Consolidation Act 1997, in order to enable the company to use the certificate to obtain a tax benefit under the Taxes Consolidation Act 1997; to amend the Patents Act 1992 to ensure that Irish patents granted on or after the commencement of Part 6 of this Act can fall within paragraph (a) of the definition of "qualifying patent" in section 769G of the Taxes Consolidation Act 1997; and to provide for related matters
Last updated 19 July 2021
- Minister for Jobs, Enterprise and Innovation Primary
- First StageSeanad
- Second StageSeanad
- Committee StageSeanad
- Report StageSeanad
- Fifth StageSeanad
- Second StageDáil
- Committee StageDáil
- Report StageDáil
- Fifth StageDáil Enacted
- EnactedEnacted
- Knowledge Development Box (Certification of Inventions) Bill 2016: [Seanad Bill amended by the Dáil] Report and Final Stages Seanad
- Knowledge Development Box (Certification of Inventions) Bill 2016 [Seanad]: Second Stage (Resumed) Dáil
- Knowledge Development Box (Certification of Inventions) Bill 2016 [Seanad]: Referral to Select Committee Dáil
- Knowledge Development Box (Certification of Inventions) Bill 2016 [Seanad]: Second Stage Dáil
- Knowledge Development Box (Certification of Inventions) Bill 2016: Report Stage (Resumed) and Final Stage Seanad
- Knowledge Development Box (Certification of Inventions) Bill 2016: Report Stage Seanad
- Knowledge Development Box (Certification of Inventions) Bill 2016: Committee Stage (Resumed) Seanad
- Knowledge Development Box (Certification of Inventions) Bill 2016: Committee Stage Seanad
- Knowledge Development Box (Certification of Inventions) Bill 2016: Order for Second Stage Seanad
- Knowledge Development Box (Certification of Inventions) Bill 2016: Second Stage Seanad