Miscellaneous 2005

Patents and designs: Division 40 and GST

Source: South Australia

Published Date: 18 Feb 2005

 

This presentation discusses the treatment of patents and registered designs under the capital allowance provisions of Division 40 and CGT rules, including:

  • the nature of the intellectual property rights
  • rights existing prior to the grant of a patent or registered design and the availability of CGT discounts
  • cost and cost base of intellectual property
  • term of rights and balancing adjustment events such as expiration, surrender or revocation
  • taxable purpose test
  • grant of licences and disposals.

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Already a Subscriber? Login now

Author(s)

Individual Session

Patents and designs: Division 40 and GST

Author(s): Sandy Donaldson

Details

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Miscellaneous 2005

Share this page