Mastering the IP life cycle from a legal, tax and accounting perspective : grasping the intangible / editors, Isabel Verlinden and Anuschka Bakker.

Format:

Book

Contributor:

Bakker, Anuschka, editor.

Verlinden, Isabel, editor.

Language:

English

Subjects (All):

Intellectual property--Economic aspects.

Intellectual property.

Intellectual property--Accounting--Law and legislation.

Intellectual property--Taxation--Law and legislation.

Physical Description:

1 online resource (1,355 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Amsterdam, The Netherlands : IBFD, 2018.

Summary:

Written by experts in the field, this book is a valuable reference work that will guide the reader through the intricacies of managing IP rights.

Contents:

Cover

Title

Copyright

Acknowledgements

Introduction

Part 1: Setting the Scene

Chapter 1: Increasing Importance of IP Rights

1.1. IP rights as a company's key value driver

1.2. How do companies deal with IP rights?

1.3. International guidance on taxation of IP

1.4. IP and European State aid

Chapter 2: Concepts: IP Rights from a Legal, Accounting and Tax Point of View

2.1. Introduction

2.2. Legal framework for IP

2.3. Common features of IP rights

2.4. Legal terms

2.5. Accounting terminology

2.6. Tax terminology

Chapter 3: The Importance of Valuation

3.1. Introduction

3.2. General consideration of intangibles valuation methods

3.3. Valuation methods in a transfer pricing context

Appendix: Example of the application of the discounted cash flow method

Chapter 4: Planning for and Migration of IP Rights

4.1. Planning for IP

4.2. Elements of an optimized structure

4.3. Location matters

4.4. Distribution of profits from the IP entity

4.5. Exit strategy

4.6. How to get there

4.7. Royalties and impact on customs valuation policy

Part 2: Developing IP Rights

Chapter 5: Is Innovation Important?

5.1. Introduction

5.2. What is innovation

5.3. Most innovative companies

5.4. Impact of innovation on firm performance

5.5. Research and development

5.6. Branding

Chapter 6: Collaboration versus Working Alone: Who Owns the IP?

6.1. Introduction

6.2. Ownership of the intangible

6.3. Independent development of an intangible

6.4. Joint development of an intangible

Chapter 7: Legal Protection Alternatives

7.1. General

7.2. Copyright

7.3. Patents

7.4. Trademarks

Chapter 8: Accounting for IP Rights

8.1. Introduction

8.2. Recognition and measurement under IFRS (IAS 38)

8.3. Recognition and measurement under US GAAP.

8.4. What about local GAAP?

8.5. Income tax accounting for IP

Chapter 9: Does Location Matter? Early-Stage Planning and Migration Strategies

9.1. Non-tax characteristics of an "innovation hot spot"

9.2. Tax incentives for IP development

9.3. Tax considerations to be taken into account in the development phase

Part 3: Exploiting IP Rights

Chapter 10: Own Use of IP Rights

10.1. Legal aspects

10.2. Tax aspects

Chapter 11: Legal Views on Licensing IP Rights

11.1. General

11.2. The principle of licensing

11.3. Competition law concerns

Chapter 12: Models for Exploiting IP Rights

12.1. Licence model

12.2. Franchising/service model

12.3. Entrepreneur structure

Chapter 13: Transfer Pricing Aspects of Licensing Arrangements: The Increasingly Enhanced Engagement between Taxpayers and Tax Auditors

13.1. Introduction

13.2. The importance of keeping track of IP

13.3. Why licensing

13.4. An IP holding company as a vehicle for effectively managing IP

13.5. Valid business purpose and economic substance at IP companies

13.6. The transfer pricing question

13.7. The transfer pricing answer?

Chapter 14: (Deemed) Deployment of Intangible Assets in the Framework of Business Restructurings

14.1. Introduction

14.2. Types of business restructurings and the role of intangible assets

14.3. Business restructurings and controversy

14.4. Countries' perspectives on business restructurings

14.5. International guidance with respect to business restructurings

14.6. Step 1: Understanding the restructuring itself

14.7. Step 2: Recognizing the accurately delineated transactions that comprise the business restructuring

14.8. Step 3: Analysing the reallocation of the profit potential that results from the restructuring.

14.9. Step 4: Determining whether there has been a transfer of something of value

14.10. Step 5: Identifying the situations in which the termination or substantial renegotiation of existing arrangements would be indemnified at arm's length

14.11. Part II: Remuneration of the post-restructuring controlled transactions

14.12. EU exit taxes

14.13. Location savings

Chapter 15: Milestone Transfer Pricing Cases on IP

15.1. Introduction

15.2. The concept of legal versus economic ownership

15.3. The issue of marketing intangibles

15.4. Buy-in payments and the life cycle of an intangible

15.5. Conclusion

Part 4: Alienating IP Rights

Chapter 16: The Sale of IP Rights

16.1. Introduction

16.2. Considerations from a legal perspective

16.3. Considerations from a tax perspective

Chapter 17: Extinction of IP Rights

17.1. Legal aspects of the loss of IP rights

17.2. Tax aspects of the loss of IP protection

Part 5: Final Considerations

Chapter 18: Concluding Thoughts

Part 6: Country Chapters

Chapter 19: Australia

19.1. Country-specific definitions

19.2. Expenditure for the development or acquisition of IP rights

19.3. Income characterization

19.4. Outbound royalty payments

19.5. Tax treatment of the disposal of IP

19.6. Specific cross-border transfer provisions

19.7. CFC rules

19.8. Exit taxes

19.9. Grants and (tax) incentives to stimulate inward IP investment

19.10. Case law

19.11. Registration or stamp duties upon sale, acquisition or license

19.12. Indirect taxes

Chapter 20: Austria

20.1. Country-specific definitions

20.2. Expenditure for the development or acquisition of IP rights

20.3. Income characterization

20.4. Outbound royalty payments

20.5. Tax treatment of the disposal of IP

20.6. Specific cross-border transfer provisions.

20.7. CFC rules

20.8. Exit taxes

20.9. Grants and (tax) incentives to stimulate inward IP investment

20.10. Case law

20.11. Registration or stamp duties upon sale, acquisition or license

20.12. Indirect taxes

Chapter 21: Belgium

21.1. Country-specific definitions

21.2. Expenditure for the development or acquisition of IP rights

21.3. Income characterization

21.4. Outbound royalty payments

21.5. Tax treatment of the disposal of IP

21.6. Specific cross-border transfer provisions

21.7. CFC rules

21.8. Exit taxes

21.9. Grants and (tax) incentives to stimulate inward IP investment

21.10. Case law

21.11. Registration or stamp duties upon sale, acquisition or license

21.12. Indirect taxes

Chapter 22: Brazil

22.1. Country-specific definitions

22.2. Expenditure for the development or acquisition of IP rights

22.3. Income characterization

22.4. Outbound royalty payments

22.5. Tax treatment of the disposal of IP

22.6. Specific cross-border transfer provisions

22.7. CFC rules

22.8. Exit taxes

22.9. Grants and (tax) incentives to stimulate inward IP investment

22.10. Case law

22.11. Registration or stamp duties upon sale, acquisition or license

22.12. Indirect taxes

Chapter 23: Bulgaria

23.1. Country-specific definitions

23.2. Expenditure for the development or acquisition of IP rights

23.3. Income characterization

23.4. Outbound royalty payments

23.5. Tax treatment of the disposal of IP

23.6. Specific cross-border transfer provisions

23.7. CFC rules

23.8. Exit taxes

23.9. Grants and (tax) incentives to stimulate inward IP investment

23.10. Case law

23.11. Registration or stamp duties upon sale, acquisition or license

23.12. Indirect taxes

Chapter 24: Canada

24.1. Country-specific definitions.

24.2. Expenditure for the development or acquisition of IP rights

24.3. Income characterization

24.4. Outbound royalty payments

24.5. Tax treatment of the disposal of IP

24.6. Specific cross-border transfer provisions

24.7. CFC rules

24.8. Exit taxes

24.9. Grants and (tax) incentives to stimulate inward IP investment

24.10. Case law

24.11. Registration or stamp duties upon sale, acquisition or license

24.12. Indirect taxes

Chapter 25: China

25.1. Country-specific definitions

25.2. Expenditure for the development or acquisition of IP rights

25.3. Income characterization

25.4. Outbound royalty payments

25.5. Tax treatment of the disposal of IP

25.6. Specific cross-border transfer provisions

25.7. CFC rules

25.8. Exit taxes

25.9. Grants and (tax) incentives to stimulate inward IP investment

25.10. Case law

25.11. Registration or stamp duties upon sale, acquisition or license

25.12. Indirect taxes

Chapter 26: Colombia

26.1. Country-specific definitions

26.2. Expenditure for the development or acquisition of IP rights

26.3. Income characterization

26.4. Outbound royalty payments

26.5. Tax treatment of the disposal of IP

26.6. Specific cross-border transfer provisions

26.7. CFC rules

26.8. Exit taxes

26.9. Grants and (tax) incentives to stimulate inward IP investment

26.10. Case law

26.11. Registration or stamp duties upon sale, acquisition or license

26.12. Indirect taxes

Chapter 27: Cyprus

27.1. Country-specific definitions

27.2. Expenditure for the development or acquisition of IP rights

27.3. Income characterization

27.4. Outbound royalty payments

27.5. Tax treatment of the disposal of IP

27.6. Specific cross-border transfer provisions

27.7. CFC rules

27.8. Exit taxes.

27.9. Grants and (tax) incentives to stimulate inward IP investment.

Notes:

At head of title on cover: Grasping the intangible.

Includes bibliographical references.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

90-8722-487-7

OCLC:

1091029293