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Intellectual property related tax incentives

Specific tax regimes are applicable to income generated with eligible intellectual property (IP) rights. Depending on the regime, which differs from country to country, and is subject to certain conditions, tax deductions can be applied to license revenues, to IP revenues “embedded” in the sales price of products/services or the application of production processes, to IP damages and to capital gains realized by selling the IP right. Users can also apply for a tax ruling on the application of the system to their activities with the competent authorities.

For more than 10 years now, many countries have implemented specific tax regimes enabling companies to obtain tax incentives from the commercial exploitation of their intellectual property assets.

While these regimes aimed to promote R&D investment in these countries, some national initiatives encountered downsides and some abuses from companies. That is why the OECD (together with the G20 countries) launched a specific program (BEPS – Base Erosion and Profit Shifting Project) to tackle these IP-tax planning strategies, among others.
This project resulted in the remodeling of most of the national IP Box regimes to comply with international rules.

IP-related tax regimes in Belgium and France are compliant with the international recommendations, enabling companies to get tax incentives from the commercial exploitation of eligible Intellectual Property Assets.

For more information on the Belgian tax regime, click on the following link:

https://www.gevers.eu/pdf/20210621_GEVERS_PID-IID_IPTaxIncentivesBrochure.pdf

How we can help you and add value?

Audit of your activities in view of tax optimisation

Advise on licensing and transfer taxation

Preparation of documents for tax purposes

Drafting of tax rulings

Collaboration with your accountant

GEVERS’ approach starts with a good understanding of your business, your corporate structure and activities.

GEVERS identify the activities that are relevant and assess their weight within the broader scope of your activities.

A tax specialist then calculates a percentage of revenues that can be allocated to the relevant activities.

GEVERS draft a license or transfer agreement as well as a corporate and other documents that may be required for tax audit reasons.

For those owners who wish to obtain more certainty as to the application of the regime to their activities, we will assist in drafting and obtaining a ruling from the national tax authorities.

Where we make the difference

THOROUGH KNOWLEDGE

We have assisted clients in all kinds of innovative, artistic and commercial areas. This allows us to identify relevant activities from an intellectual property rights perspective and to better apply the tax regime.

COOPERATION WITH CFO’S & ACCOUNTANTS

We understand that our client’s financial managers and accountants have a good understanding of the client’s corporate and financial situation. They regularly consult with us on the implementation of the copyright tax regime.

PARTNERSHIP WITH TAX SPECIALISTS

In case of tax-related matters, GEVERS recommend the right tax specialists and actively cooperate with them in order to optimise your intellectual property assets.

We look forward to working with YOU

Contact us

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Tax

How to optimise taxation on intellectual property rights?

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Definition
Definition

What is intellectual property?

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Due Dilligence
Due Dilligence

How to get knowing if you have any IP right?

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Managing
Managing

How to protect and manage my intellectual property rights?

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Valuation

What’s the value of my intellectual property?

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Contracting
Contracting

How to license my rights or close other agreements?

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Disputes

How to resolve a dispute?

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Counterfeit

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