Qualified Intellectual Property

A patent or a right to use patented information, a licence, a permit, know-how, a trade secret or other similar property constituting knowledge that:

  • is acquired after December 3, 2018;
  • is class 14, class 14.1 or class 44 property;
  • is acquired by the partnership as part of a technology transfer, or is developed by the partnership, or on its behalf, in order to implement an innovation or an invention for its business;
  • the partnership begins to use within a reasonable time after acquiring it or after its development is completed;
  • is, for the time required to implement the innovation or invention ("implementation period"), used only in Québec and primarily in the course of a business carried on by the partnership or by a person not dealing at arm's length with the partnership who acquired the property by way of a transfer, an amalgamation or a winding-up;
  • is not used, during the implementation period, to earn or produce gross income that is a rent or royalty;
  • is not acquired from a person or partnership that is not dealing at arm's length with the partnership.

The term "qualified intellectual property" does not mean a trademark, an industrial design, a copyright or other similar property constituting the expression of knowledge.

Fair. For all.

One vision. Concrete actions.

Read all about how we work to support and inform you. Our vision and values guide us as we carry out our role.

Veuillez patienter