This guide is designed to enable practitioners to understand the particular IP issues, tax laws and tax-efficient structures that are vital to the effective drafting and negotiation of contracts. This fifth edition contains an overview of IP law and the main principles of taxation, before taking readers onto the chapters that tackle the specifics. The book explains the tax issues relating to each type of intellectual property and each type of commercial exploitation. It also highlights tax planning issues, including international tax planning, and analyzes specific tax applications.