Reply to post: Import and Export of "Rights" to use Trademarks or other IP

Amazon dodges $1.5bn US tax bill: It's OK to run sales through Europe out of IRS reach – court

JeffyPoooh
Pint

Import and Export of "Rights" to use Trademarks or other IP

It's not just an out-and-out scam to move money around the globe to avoid taxes, but if it was what would be different?

Usually it's done the other way around. The Trademark Rights are transferred to a tax haven storefront with a simple memo, then the corporation's companies are simply forced by this to export all their untaxed profits.

Another trick is to situate the corporation's in-house IT department / supplier in Bermuda to move money there to finance the lifestyle of the corporation's owner.

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