Published on 01 May 04
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Intellectual property is increasingly representing the value underlying a business. The notion that the value of a business simply comprises plant and equipment, land and buildings, and goodwill as the balancing item, are long gone. We need to recognise that goodwill is separate from the underlying intangibles and value must be separately attributed to intellectual property... and not just the notional $1 as often appears in contracts.
Andrew O’Bryan FTIA is the Head of Taxation, Superannuation, and Family Business and Wealth
Management Practice Groups at Hall and Wilcox. Andrew provides advice on the application of a wide
range of taxation matters including income tax, FBT, CGT, tax audits, structuring and restructuring of
business and transactions, superannuation, state equivalent tax regimes, retirement planning, business
succession, estate planning, liquidations and reconstructions, and corporatisation and privatisation.
Current at 11 March 2009
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