Transfer Pricing and Intellectual Property
Taxation and Valuation of Intellectual Property (IP) and other Intangible Assets
Transfer Pricing and Intangibles, one of the most important areas of Transfer Pricing today!
With the shift towards a more knowledge-based and service-oriented economy, intangible assets such as trademarks, brands, patents, know-how and technology, account for an increasing part of the business value. The accurate and complete taxation and valuation of Intellectual Property (IP) and other intangible assets is therefore essential.
Transfer Pricing and Intangibles: a continuing battlefield
Intellectual Property is one of the most important areas of Transfer Pricing at the moment. General consensus among taxpayers and tax authorities alike is that there is currently insufficient international guidance, in particular regarding the definition, identification and valuation of intangibles for Transfer Pricing purposes. The outcomes of OECDs project on intangibles are likely be far reaching and as such this promises to be the most challenging and ambitious project that OECD have undertaken to date.
What will you learn in the course Transfer Pricing and Intellectual Property?
In this unique distance learning course your instructors will look at intangibles from the complementary perspectives of Transfer Pricing and valuation.
As there is no single definition of Intellectual Property (IP) in use today by tax authorities or the OECD, the authors provide a framework in order to capture the various characteristics of Intellectual Property. Next, they touch upon the methods that have been provided by the OECD to establish arms length pricing or valuation of intra-group transactions of Intellectual Property, as well as the practical implementation of these methods.
Transfer Pricing and Intellectual Property: target group
This unique, toplevel distance learning course on Transfer Pricing and Intellectual Property is a must for corporate tax and Intellectual Property legal counsels, Intellectual Property and licensing executives, in-house Transfer Pricing Managers, Advisors Transfer Pricing, International Tax Executives, Tax Directors, Accountants, Tax Inspectors, Controllers and CFOs, Tax Attorneys and Solicitors, CPAs and Lawyers.
Also available online through digital learning!
May we point you to the possibiity to also study this course online through digital learning? This is a service we offer free of charge if you order this distance learning course on Transfer Pricing and Intellectual Property. You will receive log-in details that will grant you access to the online learning environment for 1 year.
Continuing Professional Education (CPE)
It should be noted that the course Transfer Pricing and Intellectual Property may qualify for CPE credits, pursuant to the rules of a number of professional associations. Participants are encouraged to check with their professional association to determine eligibility in this respect.
Why a distance learning course on Transfer Pricing and Intellectual Property?
IMF Academy uses distance learning as an alternative and a complement to traditional training methods in order to make course materials accessible to large audiences worldwide. The greatest advantage is to be not confined by such constraints as geographical location and time. Thus, any client, anywhere in the world, can benefit from IMF Academy's distance learning programs at a time and place convenient to him or her. At the end of every distance learning course, you receive a certificate, acknowledging completion of the course.
Feedback of our Transfer Pricing and Intellectual Property participants
The Transfer Pricing and Intellectual Property course is assessed by participants with a 9.
"Overall a very useful and insightful course. Very clear and easy to understand."
Mr. C. Kelley, R&D Tax Consultant, Alma CG UK
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Are you interested in an in-company training about Transfer Pricing and Intellectual Property? Please call us at +31 (0)40 - 246 02 20 or send an e-mail to firstname.lastname@example.org to discuss the attractive possibilities.
- save time and money;
- enable you to train in the comfort of your own working environment;
- can be arranged for groups of 6 people or more;
- will take place at a time chosen by and convenient for you, and
- sensitive issues can be openly discussed, because there are no outsiders.
Transfer Pricing and Intangibles: Introduction
Today, intangible property generally represents between 40-80% of value-add of international enterprises (MNEs), making it a key component of a MNEs value chain. Intangible property includes business rights associated with commercial activities, including marketing activities. Intangible property will not always be shown on the balance sheet of a company, and often intangible property attracts a considerable risk, e.g. contract or product liability.
Given that Transfer Pricing issues pertaining to intangibles are a key area of concern to governments and taxpayers, the OECD found that updating Chapter VI and VIII of the OECD Transfer Pricing Guidelines has become an increasingly important issue in the evolution of new business realities and subsequent adaptations to the Transfer Pricing regulations.
- The evolution of the MNE and the importance of intangibles
- OECD Definition of Intangible Property
- How do emerging jurisdictions (i.e. BRICS) deal with intangibles?
- Transfer Pricing and Intangibles: 4 functional variables
- Locating Intellectual Property (IP) in tax advantaged jurisdictions
- Transfer Pricing Risks (I): Court Cases on Intangibles
- Transfer Pricing Risks (II): Corporate Reputation at Risk Through SEC Disclosure of Intercompany Transactions
- Questions & Answers
Intangibles: Transfer Pricing Labels, Identification and Ownership
Lesson II evaluates the labels that are applied to intangibles in the context of Transfer Pricing by utilizing 4 functional variables. The definitions of intangibles are evaluated from a legal, tax and accounting perspective. The lesson examines methods for applying labels to intangibles and how to properly identify the rightful owners and which entity is entitled to the returns related to an intangible.
- Definition of intangibles
- Labelling of intangibles
- Questions & Answers
Valuation of Intangibles
Lesson III provides a clear picture of the various aspects of assessing the value of an intangible for Transfer Pricing purposes. This is accomplished through providing relevant background information, introducing components of valuation methods and applying the ideas to real world examples of highly valued companies that utilize intangibles in their business models. After introducing these concepts, practical methods of assessing value are examined.
- When and why Intangible Assets are valuable
- Companies with highly valued intangibles
- Why and when are intangibles valued?
- Price, Value and Cost
- Generally Accepted Valuation Approaches
- Determining the Discount Rate and Capitalization Rate
- Business Restructuring and Valuation, Chapter IX, OECD
- Questions & Answers
Business Models: Intellectual Property (IP) Configurations
Lesson IV describes how and where intangibles are located in the value chain of multinational enterprises. This is accomplished through evaluating business models from a general business/commercial perspective as well as from a Transfer Pricing perspective. Case studies and questions to evaluate different practical examples are included in this lesson.
- Overview of business models from a commercial perspective
- Transfer Pricing and general corporate tax considerations of each model
- Model implementation Ã¢â‚¬â€œ high level guidance on implementing each of the above mentioned models, including a legal framework for managing Intellectual Property
- Case Study
- Questions with model answers
- Multiple choice questions
- Answers to open and multiple choice questions
Intellectual Property (IP) Law and Transfer Pricing
Lesson V examines the legal system surrounding Intellectual Property rights. The lesson provides a brief history of Intellectual Property rights in the legal context, discusses the future of Intellectual Property rights, and looks at the different types of legally recognized Intellectual Property rights. The lesson further explores on the legal aspects of Intellectual Property exploitation, Intellectual Property management and Intellectual Property transfer. How to protect intangibles through Intellectual Property law, corporate law, contract law and labour law is also examined.
- Brief History of Intellectual Property
- Future of Intellectual Property
- Appearance of Intellectual Property
- IP exploitation
- IP management
- IP transfer
- Questions & Answers
Accounting definitions of Intellectual Property (IP) and Transfer Pricing
Lesson VI provides a high level overview of the accounting standards relating to intangible assets. The lesson focuses on the recognition and measurement of intangibles according to accounting principles. The lesson examines the differences in valuation of intellectual property according to IFRS, US GAAP and Canadian Gaap.
- Introduction Intangibles
- Recognition of Intangibles
- Subsequent measurement
- Questions & Answers
Corporate Income Tax aspects of Intellectual Property (IP) and Transfer Pricing
Lesson VII outlines the corporate income tax aspects related to intangibles and Transfer Pricing. The lesson touches on many tax aspects, including amortization, tax credits, capital gains tax, value-added tax, and more. Several examples from different countries are provided to highlight how intangible property is taxed around the world.
- Initial Intangible Asset Value
- Amortization/Decrease in the Value of Intangible Assets
- R&D Tax Credit
- Innovation Box/other Incentives
- Replacement Reserve
- Withholding Tax on Royalty Payments
- Capital Gains Tax
- Business Restructuring and Related Taxes
- Purchase Price Allocation
- Beneficial/Economic/Legal Ownership
- Questions & Answers
Transfer Pricing and Intellectual Property – highly acclaimed instructors from TPA Global
Your highly acclaimed instructors are all member of TPA Global, a solution house in 60+ countries on business, tax and technology. The chief editor of this course is:
Steef Huibregtse is the founder and CEO of TPA Global. Steef has more than 30 years experience in the area of transfer pricing strategy, value chain analysis, digital transformation and data factories, risk management, design, documentation, controversy management and implementation. Steef recently launched a global tax controversy platform with the 'best in class litigators and mediators'. Steef himself frequently acts as expert witness on global/regional transfer pricing/BEPS disputes.
Start date(s)The distance learning course on ' Transfer Pricing and Intellectual Property' starts on 18 July 2019 and 15 August 2019 . On the date of your choice you will receive the full course in one shipment. We advise you to study 1 lesson per week, each of which will require about 4 hours of self-study. Since this concerns a distance learning course, you also have the possibility to start at any other date you wish. Please mention your preference in the registration form below.
Should you also wish to make use of our free service digital learning in order to study the course online, please mention this in the remark field of the online registration form or check the box in the PDF registration form you can request via email@example.com. We will send you log-in details that will grant you access to the online learning environment for 1 year.
At the end of the distance learning course ' Transfer Pricing and Intellectual Property' you will receive a certificate of participation.
Fee / RegistrationThe fee for the distance learning course Transfer Pricing and Intellectual Property is € 1.980 (for VAT registered companies in the EU countries 0% VAT). Please ask for our attractive group discounts.
Should you wish to make use of our service 'digital learning' (no additional costs charged) please mention this in the remark field of the online registration form (step 4) or check the box on the PDF registration form you can request via firstname.lastname@example.org.