Tax & Intellectual Property
The tax issues surrounding the treatment of Intellectual Property are complex. The following articles provide a flavour of the issues involved.
- Intellectual Property & tax: Domain Names
As an internet business one of your most important and valuable assets could be your domain name. The tax-characterisation of domain names is uncertain as it is not settled whether domain names are intellectual property such as trade names or trade marks. Normally an asset having a long term economic useful life would be capitalised and amortised over the period of [...]
- Internet retail: transfer of IP overseas
Internet retailers who wish to take advantage of an offshore base for fulfilment will need to be aware of the tax implications of transfer of assets abroad legislation. Assets such as domain names, brand names, trade marks, customer databases and other similar assets will be utilised by the overseas fulfilment operations and therefore tax-efficient strategies [...]
- Intellectual Property tax planning issues
IP tax planning Objective Action Key issues / comments Minimize the after-tax development cost Cost-plus development in low-cost country or one with suitable DTA/tax frameworks Identifying low-cost location bearing in mind loss of any R&D tax credits at home & availability of new R&D credits Maximise cash flow Centralise IP management & control in low tax jurisdiction to maximize marketing value of group Partial [...]