Technology: In today's world it is fast becoming one of the most valuable assets a business can own and is, in many cases, a key driver of competitive advantage. The exploitation of IP rights can increase significantly the profitability of a business; but how are such profits taxed? What is the position on disposal?
This half day intermediate level seminar considers a number of the key areas in this field.
What You Will Learn
- UK corporate tax rules on intellectual property creation, acquisition, exploitation and disposal: opportunities and pitfalls
- Overview of UK tax rules for non-corporates: opportunities and pitfalls
- Research & development tax credits: not just for the white-coat and lab brigade!
- International aspects: are IP holding companies a good idea?
- Opportunities and pitfalls of cross-border transfers and licences
- Transfer pricing: when tax authorities collide, who pays?
Speaker: Anne Fairpo, barrister and fellow of the Chartered Institute of Taxation. Anne is a barrister at 13 Old Square Chambers and Atlas Chambers. Her practice focuses on UK corporate tax, particularly the interaction of UK and foreign taxes. She is the author of Tottel's Taxation of Intellectual Property, and contributes to the IP tax chapter for Tolley's Tax Planning.