Hi @Rustler how would you say trademark/copyright renewals should be handled? Should they be capitalized or put to prepaids and amortized over the life of the intangible
As I understand it a trademark has no expiration date, as a result it has no fee associated with it for renewals either. A trademark is not amortized but you do review it every so often and adjust its value if necessary.
I would put a copyright fee for renewal as a prepaid and expense that renewal over the life of the renewal period
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