Published on 06 Oct 06
by VICTORIAN DIVISION, THE TAX INSTITUTE
The development of IP can be extremely costly. Practitioners therefore need to focus on the best ways to maximise deductions. The commercialisation of IP through licensing and disposal also presents challenges, with different types of IP having different tax treatments. Examining the traps and opportunities for both costs and commercialisation, this presentation focuses on:
cost write offs
balancing adjustments v capital gains/ losses
relevant IP laws
important terms of sale/purchase agreements.
Anthony Bradica CTA
Anthony is a Partner with Hall & Wilcox. He provides tax and legal advice to a diverse range of Australian and foreign owned corporate groups, specialising in income tax issues relating to acquisitions, restructures, divestments, and structuring inbound and outbound investments. Current at 18 March 2016
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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