Companies must track their trade secret metadata. Yes, trade secrets are not registered, which makes it all the more important to track the metadata. Yes, trade secrets are secrets, and not keeping track of a secret is a great way to lose it.
The OECD’s BEPS guidelines define trade secrets using the language of accountancy. IP attorneys should note the subtle shift from legal intangibles to intangible assets.
Trade secret asset management requires skill and professional expertise, the kind of expertise that is used to protect other intellectual property assets.
Use the Hazel trade secret tool to bind your firm closer to its corporate clients for trade secrets and many other services.
Tax authorities worldwide are slowly but surely closing tax loopholes related to intellectual property assets, such as trade secrets. Here’s what’s happening.