We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ireland to Scrap Stamp Duty on Copyrights, Patents and Trademarks

Law360 (December 4, 2003, 12:00 AM EST) -- Ireland will exempt intellectual property from stamp duty, finance minister Charlie McCreevy said in his budget speech Wednesday.

He said the decision to abolish the stamp duty, a tax of 9 pence on the gross value of the intellectual property, was part of a bill to boost research and development in Ireland. The aim is to lower the cost for the purchase of copyrights, patents and trademarks in Ireland.

The bill is also likely to benefit the entertainment industry, including creators and distributors of music and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.