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What is the rate of tax for the sale intellectual property to a foreign company?

Posted 16 January 2015

What is the rate of tax for the sale intellectual property to a foreign company?

TaxTim Marc TaxTim Marc said:
18 January 2015 at 20:13

Are you selling it as a company or individual?

Jerry said:
18 January 2015 at 20:27

I am an individual

TaxTim Marc TaxTim Marc said:
18 January 2015 at 20:28

The treatment would be a capital gain and therefore the rate would be 33.3% of the gain included which means the most you would be taxed is 13.3% at the highest marginal rate of 40%.

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