A chara, – I note that US multinationals plan to "advise" the the Minister for Enterprise and Innovation on "what should be in the proposed 'knowledge box' scheme" ("Multinationals to advise on tax scheme", October 29th). As my employer pays me in part for the hours worked, but mainly for the intellectual property I bring to bear during those hours, I welcome this approach.
I would be more than happy to advise the Minister on what proportion of my salary should be taxed as income, at normal rates, and what proportion should be taxed as my “income from intellectual property”, at a reduced rate, say 6.5 per cent.
Kindly inform the Minister I am ready to open negotiations at his earliest convenience. – Is mise,
NORMAN RIDES,
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Dundrum, Dublin 16.