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Canadian Trademark registration costs can be capitalized.

• Trademarks and trade names are renewable indefinitely every 15 years, so the legal life may be unlimited; the useful life, however, may be limited

• Costs of acquired trademarks or trade names are capitalized

• If trademarks or trade names are developed by the business, all direct costs are capitalized

• If the future benefits of a trademark is determined to have an indefinite life, it is not amortized.

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Trademark Registration in Karnataka: A Comprehensive Guide?

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