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NFTs: CMS Committee highlights scale of potential copyright infringement Last year, NFTs were everywhere and IP lawyers across the country were grappling to understand their potential impact on IP rights. This year, we’ve heard very little about them. Until now. A few weeks ago, the House of Commons Culture, Media and Sport (“... What you need to know about the new EU Data Act Following a political deal between the Council and the European Parliament (EP) on 27 June 2023 and formal adoption by the EP on 9 November 2023, the Council formally approved the EU Data Act, on 27 November 2023, clearing the final hurdle for the act to ... The Scheme for Full Expensing Of the business tax measures officially announced as part of the Autumn Statement 2023, one of the more ostentatiously trailed beforehand by a Government keen to recapture its reputation for being pro-enterprise and low-tax was the making permanent of “fu... Stamp duty in the Autumn Statement 2023: update on the 1.5% charge and extension of the growth market exemption The Budget Resolutions published following the Autumn Statement 2023 give temporary statutory effect to provisions intended to remove the UK’s 1.5% stamp duty charge in many circumstances where it would have previously been disapplied under EU law and to ... UK government publishes responses to consultation on the Computer Misuse Act 1990 Cyber continues to be a key threat for both organisations and governments. The UK government has been considering for some time whether to update its cyber laws, and recently published the results of a consultation initiated in February 2023, which sought... R&D Tax in the Autumn Statement 2023: A tale of two regimes For those, like me, who have been following the ever-changing research and development (R&D) tax relief landscape in the UK over the past few years, it will have come as no surprise that the Chancellor, in his Autumn Statement 2023, delivered the final ve... Autumn Statement 2023: ORIP out - UTPR in As trailed on X (previously Twitter), the Chancellor delivered the Autumn Statement on 22 November 2023 with “110 different measures to grow the British economy”. I admit that I have not counted the measures to verify this, but the list of tax measures al... UK signs joint statement against ransomware payments – “New norm” or status quo? On 2 November 2023, the UK government announced that it and more than 40 countries had signed a Joint Statement strongly discouraging the payment of ransomware demands and pledging that central government funds should not be used to pay ransoms to cyber c... OpenAI offers to indemnify ChatGPT customers for copyright infringement OpenAI has announced that it will protect its business customers against copyright infringement lawsuits, following the lead of Microsoft, Google and Amazon, who already offer customers such protection in relation to their generative AI products.  The off... Love, not money, is the basis for all happiness in life … and for tax residence in Italy On 16 October 2023 the Italian Government preliminarily approved a legislative decree to implement a reform regarding international taxation (Draft Decree). The proposal is yet to be approved by parliament. One key change is to the way tax residence is de...