Intellectual Property: Asset Depreciation
By Sarah Bartholomeusz · 20 June 2016 · Expert
By Sarah Bartholomeusz · 20 June 2016 · Expert
Discover how a single legislative change could revolutionize the way you depreciate your company's most valuable assets. But is it enough to keep up with the rapidly changing landscape of intellectual property?
Intellectual property, such as patents and copyrights can represent a significant portion of a company’s assets – particularly for highly innovative start-ups. Currently, intangible assets are subject to a legislative “effective life” period which is used to calculate their rate of depreciation. However, these existing provisions which mandate their life span are inflexible and often […]