Foreign patents extension

The extension of the registration of an Italian patent to one or more foreign states should not be indicated in the RW framework of the income statement as it is not a foreign financial activity but represents only an extension of patent protection beyond national boundaries.

This obligation may, however, exist for those who claim income from the patent, exploiting it commercially: in this case the activity should be indicated. This is the case, for example, of the license agreement for the use of a specific patent. It is possible, in our opinion, to extend this obligation not only to patents but also to trademarks.