IRS Offers Guidance on Transfers of Intangible Property to a Foreign Corporation

Small business need-to-know.  Global business and IRS guidance

Excerpt: The Internal Revenue Service has issued a notice to provide guidance to multinational companies on the thorny question of transferring intangible property such as patents from a domestic corporation in the U.S. to a foreign corporation or subsidiary, noting that some repatriation transactions “raise significant policy concerns.”

Read full article via IRS Offers Guidance on Transfers of Intangible Property to a Foreign Corporation.  From Accounting Today / WebCPA

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