Intangible assets: developing a tax strategy

Intangible assets in the current environment

Recent times have seen an explosion of investment in innovation and with it a raft of new intangible assets.

Emerging technologies are creating value in new ways and disrupting existing markets. Across every sector there are new market entrants with innovative operating models and value propositions including the automation of historically manual processes. We are seeing changing consumer demands and shifting consumer markets and a need for companies to adapt alongside. Businesses are either disrupting or being disrupted and both demand investment in intangible assets.

It is clear for some businesses that value creation is predominantly driven by intangible assets. Across the board the role of intangibles in value creation for groups is significant and will increase over...