TaxBanter Apr 2024 Online Special topic: Intangible Assets and their Tax Treatment

Our monthly Special Topic presentations are practical, yet detailed analyses of specific areas of tax law or practice.

Our Online Special Topic sessions, meant to accompany our Tax Updates, are an in-depth look at topical matters frequently encountered by tax professionals.

Each month we carefully select these topics based on current happenings in the industry and government. Each session is supplemented by a comprehensive technical paper and relevant case studies for maximum understanding.

Price

Individual - $210
Team - $630 (up to 6 team members)

If you wish to purchase a team registration, please create an account and login.

Date & Details

Wednesday, 3 April 2024

Time
11:00am - 12:30pm AEDT (NSW, VIC, ACT, TAS)
10:30am SA
10:00am QLD
9:30am NT
8:00am WA

What we cover

Intangible assets & their tax treatmen

Intangible assets – i.e. assets which are not physical assets or a financial asset – can, and do, drive business value. They are easily transferred and hence lend themselves to tax reduction schemes that are attracting the attention of tax authorities internationally. This session examines:

the definitions of an intangible asset
- e.g. patents, goodwill, trademarks, in-house software, know-how, trade secrets
Intangible assets that are depreciating assets
Intangible assets as active assets for Div 152 purposes
creating and commercialising intellectual property – income tax and CGT implications
the Commissioner’s concerns with, and compliance approach to international arrangements regarding intangible assets.