Note to self

The best way I can get Australia to become a high tech exporter is to get our large services company innovating in the areas of their core revenues.

The best way to get them to do this is the patent box, but carefully constructed such that it’s only for export income.

The best way to get the patent box in is to let the patent attorney industry do the work because they are worried about their shrinking market due to certain changes coming up regarding foreign filings.

The risk is that the patent box that is introduced is used in a facile manner for local income.

I will ponder how to solve this risk.

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6 thoughts on “Note to self

  1. I suppose I mean: R&D tax incentive is to local tax patent box, as EMDG is to overseas tax patent box. One follows the other. People might be able to understand what you mean that way.

  2. That’s not the point I am making; the point is that your idea of the overseas patent box is an extension of the EMDG. Just as the local patent box is said to be an extension of the R&D tax concession (tax relief transition from RnD to product), the overseas patent box idea is the

  3. transition from export market development to actual product sale. And in fact it’s better because tax relief is also available in relation to actually obtaining the patent rights

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