Australia Patent Box Legislation Introduced in Parliament

Australian Treasurer Josh Frydenberg has announced the introduction of the Treasury Laws Amendment (Tax Concession for Australian Medical Innovations) Bill 2022 in parliament on 10 February 2022, including a concessional tax rate of 17%.

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Patent Box legislation introduced into Parliament to support investment and jobs

The Morrison Government today introduced legislation to create Australia's first Patent Box to drive more investment, create more jobs and back Australian companies to c…