This third edition provides a comprehensive analysis of intellectual property (IP) and UK taxation, set in a commercial context and designed around the lifecycle of IP assets rather than the tax rules for IP. Completely re-written, the new edition covers topics such as new content on IP transactions, IP-related businesses and business structures, and an overview of international IP taxation. The book includes a detailed section that examines UK tax law relating to IP, covering corporation tax, income tax, and capital gains tax. The sections on transactions and structures are designed to provide an overview of the tax implications relating to such transactions and structures for IP advisers, as well as cross-references to the relevant detail in the tax sections for tax advisers. It has been fully updated to cover the UK tax law rewrite of CTA 2009 and CTA 2010, together with the patent box legislation released as part of the Finance Act 2012.