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DTSTAMP:20260611T095236Z
DESCRIPTION:The Centre for Intellectual Property Policy\, the Centre for In
 ternational Governance Innovation and the Stikeman Chair in Tax Law presen
 t: Innovation Week 2018 - Putting Innovation in a Box\, which will run fro
 m February 19 to February 23.\n\nIP & Tax Policy Colloquium - Patent Boxes
 \n\nPatent Boxes are at the forefront of international tax policy discussi
 ons in government institutions at domestic and international levels. Polic
 ymakers advocating for them claim that they promote innovation. Others arg
 ue that Patent Boxes play into the increasingly worrisome ‘race to the bot
 tom’ of international tax competition.\n\nDue to the inherent mobility of 
 intellectual property\, a patent can represent significant value to a busi
 ness and yet be transferred simply through paperwork. Multinational corpor
 ations and high net worth individuals have thus made extensive use of Pate
 nt Boxes to shift their high-value patents and related income flows\, such
  as licensing fees\, and significantly reduce their overall tax liability.
 \n\nWith the endorsement of the G20 countries\, the world’s policy making 
 body for tax policy\, the Organisation for Economic Cooperation and Develo
 pment (OECD) introduced a model for a Patent Box with an aim to prevent th
 e revenue losses incurred and alleged capital flight caused by these regim
 es. The OECD established country peer-review guidelines in 2015 to help id
 entify which Patent Boxes are 'harmful' and usher in a new order of 'OECD-
 compliant' regimes through the exertion of international soft power.\n\nTh
 e OECD has already begun the peer-review process of existing Patent Boxes 
 under its guidelines. It namely reviewed France's\, Belgium's and Luxembou
 rg's\, and deemed each of their Patent Boxes to be non-compliant. However\
 , the three countries reacted differently. France has not modified its law
 s. Belgium amended its Patent Box with the  corresponding transitional rul
 es. Luxembourg repealed its Patent Box and has announced that it shall soo
 n introduce a new\, OECD-compliant one. For its part\, Canada – where the 
 provinces of Québec and Saskatchewan have Patent Boxes\, but the federal l
 evel has none – has not yet been reviewed.\n\nPatent Boxes are now explici
 tly endorsed by the OECD\, and are quickly gaining ground in the mind of g
 lobal economic leaders. In light of this trend\, a comparative study consi
 dering the policy costs and benefits of this tax regime is necessary to pr
 ovide these leaders with the tools to make the most appropriate policy cho
 ices.\n\nPanel I - Aligning IP and Tax Policy \n\n▪ Pierre-Emmanuel Moyse 
 (McGill\, CIPP\; moderator)\n	▪ Alain Strowel (Louvain): “The Uneasy Case f
 or IP: What Tax Lawyers Take for Granted”\n	▪ Nicolas Binctin (Poitiers): “
 Law and Creativity: IP or Tax?”\n	▪ Irma Mosquera (Leiden): “Evolving Inter
 national Rules and Standards for Taxing IP”\n	▪ Laurens Van Apeldoorn (Leid
 en): “Taxing Income Where Value is Created”\n\nPanel II - IP & Tax in Acti
 on \n\n▪ Allison Christians (McGill\; moderator)\n	▪ Edoardo Traversa (Louv
 ain): “Patent Boxes: the Belgium & French Experience”\n	▪ Alessandra Flamin
 i (Commission européenne): “Tax & State aids in EU law”\n	▪ Lyne Latulippe 
 (Sherbrooke): “Tax Competition and IP Incentives”\n	▪ Jean-Pierre Vidal (HE
 C Montréal): “OECD\, International Tax\, Intangibles”\n\nThis event has be
 en accredited for 4 hours of Continuing Legal Education for jurists by a r
 ecognized provider. Please bring a cheque made out the Faculty of Law\, Mc
 Gill University if you are seeking CLE hours.\n
DTSTART:20180222T183000Z
DTEND:20180222T223000Z
LOCATION:CA\, QC\, Montréal\, H3C 2N5\, Centre d'entreprises et d'innovatio
 n de Montréal\, 20\, rue Queen
SUMMARY:IP & Tax Policy Colloquium | Innovation Week 
URL:https://www.mcgill.ca/channels/channels/event/ip-tax-policy-colloquium-
 innovation-week-284298
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