TAXATION AND THE LEGAL PROTECTION OF INDUSTRIAL DESIGNS IN NIGERIA APPRAISED

Abstract

The importance of new ideas, researches, designs and innovations can never be over-emphasised. And, to allow new ideas and inventions to flourish, some level of protection is required. The focus of this paper therefore is on the legal protection of industrial designs as an aspect of intellectual property and the tax aspect of same in Nigeria. Using doctrinal research method, the paper examines the constituents of the law regulating industrial design, the effectiveness of same as well as the attendant clogs and barriers in the effectiveness of the regulatory regimes of industrial designs in Nigeria. Finally, in order to guarantee good returns, fair competition and honest/best trade practices in the realm of taxation and intellectual property law in Nigeria, this paper recommends for more protective measure for industrial designers in Nigeria.