Glossary
What is the tax regime applicable to patents?

Fixed assets

Assets held by a company on a long-term basis and not intended for resale.

Amortization

Annual accounting recognition of a company's irreversible depreciation in the value of one of its fixed assets.

Plate

Basis for calculating tax or tax credit.

Grant of an operating license

Contract by which the owner of a patent grants to a person, the licensee, in whole or in part, the enjoyment of its right of exploitation in return for the payment of a royalty.

In sub-licensing, the licensee grants the right to exploit the patent it has licensed (referred to as the sub-licensor) to a third party, the sub-licensee, in return for a royalty.

Provision for depreciation...