The assignment of intangibles or Patent Box is a tax incentive provided for in article 23 of the Corporate Tax (IS) Law which rewards research, development and innovation in companies.
To benefit from this tax advantage, there must be a transfer of intangible assets, that is, the company that has generated a patent, utility model, industrial design (drawings, plans, formulas or secret procedures) or know-how, hands it over to another company.
The revenue obtained by the transferee company on the assignment of the intangible asset will be taxed on its IS, with a reduction of 60% on the tax base.
This tax benefit can be applied by any type of company and is fully compatible with the R & D deduction.
At ALCAZAR LAWYERS AND CONSULTANTS, our experts from the fiscal, legal and accounting areas work in a multidisciplinary team to assist the implementation of this tax benefit.
If your company has a large volume of activity in the R & D area, or is a franchisor, do not hesitate to contact us and we will carry out a preliminary study (free of charge), on the use of this tax benefit for your company.