Tax of IP
The federal and state income tax treatment of intellectual property and intangible assets varies based on whether the taxpayer is creating intellectual property, acquiring intellectual property, or disposing of intellectual property. Here is a summary of each of these topics (click on the links to read more about each topic):
- Taxation of self-created intellectual property
- Taxation of intellectual property purchases
- Taxation of intellectual property sales & licenses
Here are some of the sources of law and other non-binding decisions and government publications related to the the taxation of intellectual property: