Harmful preferential regimes, whether in member or non-member countries, are identified by four main traits.

The Government is introducing a preferential regime for profits arising from patents, known as a Patent Box.

This is the preferential regime granted to the Cameroons and the Ivory Coast, which goes back to General de Gaulle in 1960.

In the report, the OECD groups countries into three categories: member country preferential regimes, tax havens, and non-member economies, and extablishes criteria for identifying each.

Research & Development Tax Credits (Opens new window) Consultation, published on the HM Treasury website, on the introduction of a preferential regime for profits arising from patents, known as a Patent Box.

They dispute the preferential regime granted to the poor people of Africa, the Caribbean or the Pacific, and in so doing they are calling into question the policies of the European Union, and even the European Union itself, which might possibly be the least negative aspect of this whole affair.

As regards the issue of child labour, the Community's revised scheme of generalized tariff preferences, the GSP, permits us to withdraw temporarily and totally or partially the benefit of the preferential regime in respect of countries where the most degrading forms of child labour are practised, namely slavery or forced labour.