When is suitable to transfer copyrights?
It is worth thinking about transferring copyrights if you create individual projects for each client.
In most cases, it is impossible to re-sale the work because of the unique characters. Therefore, you will not lose anything if you transfer the copyright.
For the work you would like to keep the copyright, you should make it available under license.
For example software, scripts, bot, and Photoshop, and so on.
What are the financial benefits of transferring the copyright?
Transferring the copyrights affects the amount of the income tax for this deal only for Polish citizens and residences. When you transfer copyright, the tax-deductible cost increases. Instead of the 20% provided for specific task contrast, it then decreases to 50%. The amount of the tax-deductible costs are determined by the amount of the tax allowance.
A higher cost of income means that the amount of income tax for this deal is counted from half of the value of the work. Not from 80% of its value. You get a higher net payment this way.
What types of works can you transfer copyrights to?
You can transfer copyrights to original work, individual, and creative nature. This will not always affect the amount of your income.
The act amending the act on personal income tax from 27.10.2017 specifies industries increases the amount of the tax allowance for transferring copyright.
According to current regulation, the following are the fields of work:
- creativity activity- in the field of architecture, interior design, landscape architecture, urban planning, literature, fine arts, music, photography, audiovisual creation, software, choreography, artistic soldering, folk art, and journalism.
- research and development filed including scientific and didactic activity
- artistic activity in the field of acting such as stage arts, theater, stage directing, dance, and circus arts. Also included the field of conducting, vocalist, instrumental studies, costume design, and production design
- in the field of audiovisual production of directors, screenwriters, image, sound operators, editors, and stuntmen
- opinion journalism