U.K. Patent Box Spurs 10% Growth in Investment, HMRC Study Finds

Companies that use the U.K.'s patent box might increase their investment by 10%, a new study from the U.K. tax authority found.

“There is some evidence to suggest that firms using the UK Patent Box increase their investment in the UK compared to equivalent firms, with caveats,” Her Majesty’s Revenue and Customs said in a study published Tuesday.

• Patent boxes offer companies reduced tax rates on income they earn from intellectual property, like royalty payments on patents, at lower rates than other revenue.
• The U.K. patent box offers companies a 10% tax rate on profits from ...