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AI and the fight for inventorship – DABUS patent knocked out in UK High Court The UK High Court is the latest authority in the ring to referee Dr Stephen Thaler’s endeavour to have his artificial intelligence, creativity machine – DABUS or Device for the Autonomous Bootstrapping of Unified Sentience – recognised as an inventor of p... International Tax Competitiveness Index 2020: the results are in The Tax Foundation has published the International Tax Competitiveness Index 2020 which assesses the relative competitiveness and neutrality of OECD nations’ tax system by looking at 40 tax policy variables across five categories. In the overall ranking, ... A resilient future? European Commission proposes a new regulation on digital operational resilience for the financial sector Resilience is a buzzword on the up. According to Google Trends its popularity as a search term in the UK has steadily climbed since 2015 as the concept of resilience—the ability to recover and adapt in the face of adverse conditions—has taken root in our ... 2021 Irish Budget: key tax measures The Irish Minister for Finance, Paschal Donohue, and the Irish Minister for Public Expenditure and Reform, Michael McGrath, made their respective speeches to the Irish Parliament on Tuesday 13 October 2020. The Budget has been shaped in the context of the... OECD Pillar 1: Loss treatment in the context of Amount A Amount A under Pillar One of the OECD’s two-pillared proposal for international tax reform would constitute a new taxing right for market jurisdictions. Granting new taxing rights should imply the attribution of either higher profits or higher losses (dep... Emerging Tech - a "double-edged sword", says the EUIPO Emerging tech has been a topic of significant interest in recent times: not only for its exciting and innovative subject matter (think of technology such as robotics, 3D printing, artificial intelligence (AI) and blockchain), but also because it is forcin... OECD pushes back deadline for international tax reform The OECD has published blueprints for a solution to the tax challenges arising from the digitalisation of the economy and acknowledged that a multilateral, consensus-based solution will not be agreed by the end of 2020. The blueprints will be presented to... United Biscuits’ hopes of a VAT refund crumble The CJEU has held in the United Biscuits case that pension fund management services provided to occupational pension schemes are not within the VAT exemption for insurance transactions. This is bad news for United Biscuits and the other taxpayers with his... FCA calls time out for cryptoasset investments On 6 October 2020 the FCA published a Policy Statement (PS20/10) prohibiting the sale to retail clients of certain investment products referencing cryptoassets, observing that there is growing evidence that cryptoassets are causing harm to consumers and m... The UK's green gas levy proposal The UK currently has the second lowest gas prices compared to other countries in the EU15. In contrast, the UK’s electricity prices are the highest for both industrial electricity prices and domestic electricity prices among the EU15, largely due to exist...