Brand News

Inter-Company Transfer Brand Licensing

TP Week has a good article about brand licenses as part of inter company transfer pricing.

The whole issue is under pressure, just watch the debate in the UK for example about Starbucks.

Here are the four main questions to be considered:

1.  Tax deductibility of license fees: Are license fees, paid for the use of trademarks, tax deductible by a German based company if the trademark is equal to the group name and, if so, under which conditions? 2.  Reason for license payments: Does the exhaustion doctrine need to be applied for intercompany transactions?
3.  Determination of the brand value: Are there major differences between international brand valuation standard (ISO 10668) and the specific German brand valuation standard (IDW S5)?
4.  Appropriateness of the license fee: Will rules of thumb for the determination of the appropriateness of a license fee-rate be recognised by German tax authorities in the light of the http://www.oecd.org/ctp/transferpricing/46987988.pdf OECD discussion draft for intangibles?

Answers and more here http://www.tpweek.com/Article/3118254/Brand-licensing-structures-and-challenges-from-a-German-perspective-.html

Guy Laroche lizenziert Diffusion Lines

Laut WWD hat Guy Laroche zwei Lizenzen an Ittierre SpA für niedrig-preisige Kollektionen vergeben.

Die Lizenzen sind für DOB und HaKa, sowie Leder-Accessoires. Das Lizenzgebiet umfasst Kontinental-Europa, Ost-Europa und der Mittlere Osten.
Start der Lizenz ist Herbst/Winter 2013.

Guy Laroche gehört YGM Trading Ltd, der auch Aquascutum gehört. Ittierre ist ebenfalls Lizenznehmer von Aquascutum und ehemaliger Lizenznehmer von Just Cavalli.

Guy Laroche licenses secondary lines

According to WWD here, Guy Laroche has signed a licensing agreement with Ittierre SpA for the creation of two lower-priced secondary lines.

The license covers women’s and men’s ready-to-wear and leather goods. The territory is continental Europe, Eastern Europe and the Middle East. It starts with Fall 2013.

Guy Laroche belongs to Hong Kong-based YGM Trading Ltd, which also owns Aquascutum. Ittierre holds a similar licensing deal with the British brand, and used to be the licensee for Just Cavalli.