Companies may have to pay more taxes on intangible assets

Some conglomerates, banks, and  companies  may face additional taxes under the Goods and Services Tax ( GST ) on their intangibles, such as  goodwill ,  brand ,  logo fees  and even franchise fees paid by them, following a recent adjustment in tax rates.  The government recently implemented rate parity between 'right to use' and 'transfer of right to use' under t…