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

By Marc Sevitz · Updated

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

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%.