Cross-border Tax Talks cover image

New FTC Regs: Raise your creditability score

Cross-border Tax Talks

CHAPTER

What Is a Single Country License?

A lot of taxpayers are going to have to look at their license agreements and really spend some time understanding whether they meet this new definition. As long as it's a royalty under foreign law you satisfy the single country and then it can't be treated as a sale for US purposes than you end up in these rules.

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