Poland's Proposed Patent Box Regime

As previously reported, Poland's proposed tax reforms as part of the budget for 2019 include measures for a new patent box regime in line with BEPS Action 5. As proposed, the regime would provide for a 5% corporate tax rate on qualified income derived from qualifying intellectual property based on the modified nexus approach. Qualified intellectual property includes patents, utility models, copyrighted software, registered industrial designs and topographies of integrated circuits, plant and …