The road ahead for taxation on IP
There is no escaping the fact that intangible assets are more important than ever for companies at every stage of development. For SMEs, it is often the intellectual property that defines the ability to secure investment and the associated R&D that helps with early and favourable tax treatment. As companies grow, there is always the possibility of the UK’s Patent Box.
However, the most dramatic shake-up is in the area of the OECD’s changes that will impact all intra-group trading arrangements and associated transfer pricing issues. While the headlines may focus on Starbucks, Google and Amazon, there is no doubt that this is a new set of challenges for all. For the world of IP, this means that IP can no longer be invisible. Companies, advisers and regulators will require cogent evidence to support their views and this in turn has led to renewed interest into fresh sources of data and analytics.
Join us for a roundtable discussion on the recent changes and opportunities that this will bring. Attendance is exclusive to senior tax advisers from both industry and the profession to discuss the following topics:
3rd floor, 90 Long Acre, London WC2E 9RA
17:30 Prompt start of roundtable discussions
- Is the taxation of intangibles rational or seasonal?
- Are brands and inventions so unique that rational and objective treatment is simply impossible?
- What approaches and evidential support would reduce friction, increase transparency and avoid disputes?
18:30 Drinks (and a continuation of discussions)
Kelvin King, Valuation Consulting
Paul Morton, Head of Group Tax, RELX Group
Dominic Robertson, Slaughter and May