A key aspect of IP management is the recognition that IP is a corporate asset that is to be exploited. IP can be capitalized, securitized and can generate income and profits. Accordingly, a company’s IP, as with its other corporate assets, is not exempted from tax liability. This module will provide an overview of the relationship between tax & IP and highlight key tax considerations that corporations should bear in mind in the course of their business as well as apprise corporations on possible ways to resolve these issues. Specifically, taxation issues associated with the acquisition, ownership, transfer and commercialisation of intellectual property will be discussed.

At the end of this module, participants should be able to:

(i)  identify possible tax implications in the acquisition, ownership, transfer or commercialisation of IP assets and

(ii)  work with tax experts on how to resolve these issues in alignment with the company’s IP and business strategies.