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properties that cannot be touched like copyright or patent. Property you cant touch. Like a court settlement not reached. defined as identifiable non-monetary assets that cannot be seen.

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Q: What is intangible property in terms of taxation?
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How does one define intangible assets?

One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.


What are the sources of taxation?

individual income sales property corporate income user fees vat


Types of intangible assets?

1 - Goodwill 2 - market related intangible assets 3 - Customer related intangible assets 4 - Contract related intangible assets 5 - Artistic related intangible assets 6 - Technology related intangible assets


What is direct duplicate taxation?

Direct duplicate taxation is a type of taxation where the same tax is imposed on the same taxpayer twice, by the same taxing authority, for the same income or property. It is also known as obnoxious double taxation. Direct duplicate taxation is generally considered to be unfair, as it can result in taxpayers being taxed on their income or property twice. This can discourage investment and economic activity, as taxpayers may be reluctant to invest or engage in economic activity if they know that they will be taxed on their income or property twice. There are a number of ways to avoid direct duplicate taxation. One way is to have a tax treaty between the two taxing authorities. A tax treaty can provide for a credit against the tax liability in one country for taxes paid in the other country. This can help to prevent taxpayers from being taxed on their income or property twice. Another way to avoid direct duplicate taxation is to have a system of integrated taxation. Integrated taxation is a system where the tax liability of a corporation is integrated with the tax liability of its shareholders. This can help to prevent double taxation of corporate income, as the income of the corporation is taxed once when it is earned, and then again when it is distributed to shareholders as dividends. Direct duplicate taxation is a complex issue, and there is no easy solution. However, there are a number of ways to avoid direct duplicate taxation, and it is important for taxpayers to be aware of these ways in order to protect their rights.


What are examples of intangible Products?

Three example of an intangible product

Related questions

What has the author Adrian Shipwright written?

Adrian Shipwright has written: 'U.K. taxation and intellectual property' -- subject(s): Intellectual property, Taxation, Intangible property


What has the author David Zin written?

David Zin has written: 'The Michigan intangibles tax, 1992-1993' -- subject(s): Taxation, Tax returns, Intangible property


What has the author Jason G Cummins written?

Jason G. Cummins has written: 'The tax sensitivity of foreign direct investment' -- subject(s): American Investments, Econometric models, International business enterprises, Taxation 'A new approach to the valuation of intangible capital' 'A new approach to the valuation of the intangible capital' -- subject(s): Accounting, Capital investments, Intangible property, Profit


What is the difference between personal property and intangible property?

Tangible personal property is something you can touch and is movable. Intangible personal property is property that has no physical existence. Examples of intangible personal property are: stocks, bonds, bank notes, trade secrets, patents, copyrights, professional reputation, goodwill and trademarks. Some "untouchable" items may be represented by a certificate or license.


What is a definition of property?

Property is any tangible or intangible asset with specific owners.


Why intellectual property intangible?

Intellectual property refers to ideas, which have no physical form.


What has the author Russell L Parr written?

Russell L. Parr has written: 'Valuation of Intellectual Property and Intangible Assets, 2001 Supplement (Intellectual Property-General, Law, Accounting & Finance, Management, Licensing, Special Topics)' 'Valuation of Intellectual Property and Intangible Assets' 'Valuation of Intellectual Property and Intangible Assets, 1997 Cumulative Supplement' 'Intellectual Property' 'Intellectual Property Infringement Damages (Intellectual Property S.)'


What has the author John H Mutti written?

John H. Mutti has written: 'The effect of taxes on royalties and the migration of intangible assets abroad' -- subject(s): Econometric models, Government policy, Industrial Research, Intangible property, International business enterprises, Taxation 'NAFTA' -- subject(s): Canada, Canada. 1992 Oct. 7., Foreign economic relations 'Foreign Direct Investment and International Taxation' 'Output and employment changes in a \\' -- subject(s): Footwear industry


What type of property include items such as stocks bonds and mortgages?

Intangible


What kind of personal property includes such as stocks bonds and mortgages?

Intangible


What type of personal property includes items such as stocks bonds and mortgages?

Intangible


Which of these terms does fiscal policy refer to?

taxation