IP BOX relief - what is it and who is eligible?
The IP BOX relief involves taking advantage of a preferential 5 percent income tax rate on income from qualified intellectual property rights. In order to qualify for this relief, it is necessary to carry out R&D activities directly related to the creation, development or improvement of the intellectual property right. Developers of computer programs are particularly eligible for this relief.
The law firm HWW Hewelt Wojnowski Lindner and Partners also offers support in the implementation of the R&D cost allowance related to conducting research and development activities.
IP BOX R&D relief - what do we do?
The team of the law firm HWW Hewelt Wojnowski and Partners supports clients in the process of implementation of the IP Box and implementation of the R&D tax credit through:
- Preliminary analyses of the Client's documentation for the use of R&D and IP BOX credits, in particular cooperation agreements, issued invoices, verification of the catalog of costs incurred and how they are allocated for the purposes of the credit.
- Prepare a preliminary report on the client's eligibility for relief, assessing the risks of possible undermining of the refund in the future and identifying the necessary steps for proper recovery of the overpayment.
- Recommendations for actions, such as amending contracts, appropriate classification of services provided to qualify for relief.
- Requesting individual interpretations on relief issues.
- Support in the preparation of R&D activity records and IP Box supporting documentation.
- Requesting a tax refund.
Our law firm has extensive experience in the area of IP Box implementation and R&D tax credit implementation, offering comprehensive legal advice that enables our clients to take full advantage of available tax credits and increase the efficiency of their R&D activities.
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Analysis and optimization of IP BOX R&D reliefs
The comprehensive expertise of our law firm covers a wide range of activities supporting clients in the IP BOX area. We offer services in the field of analyzing client documentation for the possibility of benefiting from IP BOX R&D credits. As part of our activity, we verify cooperation agreements, issued invoices and the catalog of incurred costs, and deal with the proper allocation of costs in order to achieve the relief.
Precise reports and recommendations on IP BOX relief
Our law firm prepares precise reports on the client's potential application of IP BOX relief, identifies risks of possible future undermining of the refund, and proposes the necessary steps to ensure proper recovery of the overpayment. In addition, we offer recommendations to qualify for IP BOX relief, which includes modification of contracts, appropriate classification of services provided, and preparation of IP BOX supporting documentation.
IP BOX - Documentation, support and business records
We also act in the area of applying for individual interpretations, support in the creation of records of R&D activities, documentation related to IP BOX and in the process of applying for tax refunds. Our law firm provides comprehensive support in the area of IP BOX, taking care of tax optimization and ensuring compliance with applicable regulations.
