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IP strategist: BEPS initiative has big implications for IP departments

By Josue Ortiz

New OECD rules aimed at tightening international tax compliance make questions of IP management and the contribution of intangibles to profit critical pieces of corporate strategy

The Organisation for Economic Cooperation and Development’s (OECD’s) Base Erosion and Profit Shifting (BEPS) initiative has had a direct impact on IP strategy and how IP departments must behave in order to comply. It presents an opportunity to raise the strategic profile of intangibles within organisations, as well as the professionals who manage them.

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