Taxation of assets can have a substantial impact on how an individual or a business operates. Generally, all entities seek to minimize tax liability. Entities tend to acquire or offload assets at the end of the year to strategically manage the effect of taxes on their balance sheets. To this end, there are several aspects of the taxation of intellectual property (IP) that are worth taking into consideration.
GHB Intellect is a full-service intellectual property consulting and engineering services firm. With a growing cadre of hundreds of industry-seasoned experts & professionals, as well as access to full suites of design and testing equipment, we specialize in high-tech, science, and innovation.