Qualifying assets refers to SME�s � Certain IP derived from R&D activities for which a so called R&D declaration has been issued ; Non-SME�s: � Certain IP derived from R&D activities for which a so called R&D declaration has been issued; and 1. Patents and breeders rights 2. Applications for patents and breeders rights 3. Software The term software (in Dutch: �programmatuur�) means software as it is understood in spoken language within the social standards. The demanded innovative element of software is ensured by the aforementioned R&D declaration which is obliged to have for every taxpayer opting for the regime of the innovation box. 4. Market authorisation of a medical product 5. Extensions of patent protection 6. Utility models 7. Exclusive licence to exploit IP connected to items 1-6 8. IP connected to items 1-7 The term �IP connected to items 1-7� is meant to qualify IPassets which are so closely connected to each other that it would require an unrealisticly detailed level of administration by the taxpayer that the tax payer would be engaged in a complex track-and-trace-system to monitor the costs related to the IP. This follows from paragraph 57 of the Action 5 Report. IP can therefore qualify for the innovation box if they are closely related to IP mentioned in 1-7. Examples of closely related IP given in the clarification of the legislation is when the research department produces multiple IP�s which result from related technologies. In this context is emphasized that IP that is by matter of coincidence produced in the same lab notautomatically related IP is in that sense. </br>
Third Category: IP derived from R&D activities for which a so called R&D declaration has been issued. Conditions for issuance of such declaration are in line with Report. The issuance of a R&D-declaration is done by an organization (RVO.nl) which is a part of the central government (part of the Ministry of Economic affairs). A declaration is issued for two types of �projects�, defined by law. These are technological-scientific research and research to the development of new (parts of) physical products, physical processes or new technical software. The tax payer is obliged to describe the R&D-activities that will be done. RVO.nl checks this and will judge this on its content. The judgement is done by professional, technical experts with technical knowledge and background. 