TY  - GEN
N2  - Many companies that have become household names have avoided billions in taxes by 'parking' their valuable intellectual property (IP) assets in holding companies located in tax-favored jurisdictions. In the United States, for example, many domestic companies have moved their IP to tax-favored states such as Delaware or Nevada, while multinational companies have done the same by setting up foreign subsidiaries in Ireland, Singapore, Switzerland, and the Netherlands. In this illuminating work, tax scholar Jeffrey A. Maine teams up with IP expert Xuan-Thao Nguyen to explain how the use of these IP holding companies has become economically unjustified and socially unacceptable, and how numerous calls for change have been made. This book should be read by anyone interested in how corporations - including Gore-Tex, Victoria's Secret, Sherwin-Williams, Toys-R-Us, Apple, Microsoft, and Uber - have avoided tax liability with IP holding companies and how different constituencies are working to stop them.      This is the first book to explore both domestic intellectual property (IP) holding companies in the United States and foreign IP holding companies worldwide     Adopts a storytelling approach, avoids legalese talk, and is accessible to a broad range of audience     Focuses on companies with nationally and internationally recognized names and products     Provides in-depth case studies to reveal domestic and international tax planning strategies
AB  - Many companies that have become household names have avoided billions in taxes by 'parking' their valuable intellectual property (IP) assets in holding companies located in tax-favored jurisdictions. In the United States, for example, many domestic companies have moved their IP to tax-favored states such as Delaware or Nevada, while multinational companies have done the same by setting up foreign subsidiaries in Ireland, Singapore, Switzerland, and the Netherlands. In this illuminating work, tax scholar Jeffrey A. Maine teams up with IP expert Xuan-Thao Nguyen to explain how the use of these IP holding companies has become economically unjustified and socially unacceptable, and how numerous calls for change have been made. This book should be read by anyone interested in how corporations - including Gore-Tex, Victoria's Secret, Sherwin-Williams, Toys-R-Us, Apple, Microsoft, and Uber - have avoided tax liability with IP holding companies and how different constituencies are working to stop them.      This is the first book to explore both domestic intellectual property (IP) holding companies in the United States and foreign IP holding companies worldwide     Adopts a storytelling approach, avoids legalese talk, and is accessible to a broad range of audience     Focuses on companies with nationally and internationally recognized names and products     Provides in-depth case studies to reveal domestic and international tax planning strategies
T1  - The Intellectual Property Holding Company : Tax Use and Abuse from Victoria's Secret to Apple.
AU  - Maine, Jeffrey A. ;
AU  - Nguyen, Xuan-Thao.
LA  - eng
ID  - 40745
KW  - License agreements
KW  - Corporations
KW  - Holding companies
KW  - Law
SN  - 9781108327121
TI  - The Intellectual Property Holding Company : Tax Use and Abuse from Victoria's Secret to Apple.
LK  - https://ebookcentral.proquest.com/lib/wipo/detail.action?docID=5211650
UR  - https://ebookcentral.proquest.com/lib/wipo/detail.action?docID=5211650
ER  -