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A guide to intellectual property and intangible assets Identifying, protecting and valuing intellectual property within your businessCorporate FinancePRECISE. PROVEN. PERFORMANCE. A guide to intellectual
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Property refers to physical assets such as land, buildings, and equipment, while intangible assets are non-physical assets such as patents, trademarks, and copyrights.
Businesses and individuals who own property and intangible assets are required to file property and intangible forms with the tax authorities.
Property and intangible forms can typically be filled out online or submitted in paper form, depending on the requirements of the tax authorities.
The purpose of filing property and intangible forms is to provide the tax authorities with information about the value of a taxpayer's assets for tax assessment purposes.
Taxpayers must report the description, location, and value of their property and intangible assets on the forms.
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