ST Alpha - "i think this is the thing in the senate tax bill i find the most bizarre, given the lead up rhetoric" (Reading a Post)

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i think this is the thing in the senate tax bill i find the most bizarre, given the lead up rhetoric

Posted by x (aka dmuck) Nov 29 '17, 05:35

the whole thread from this tax professor guy has the gory details, but as he says in answer to one questioner "It doesn't have to be tied to a specific patent. And it doesn't matter where the patent is held. Intangible income of any kind gets a lower rate IF sold to foreign persons for foreign use."

i'm not at all sure how that is supposed to incentivize us based multinationals to invest in factories here or keep their intellectual property at home.

linky (twitter.com)

Responses:

The key is "for foriegn use" and it's only for royalties to use the patent. - spamlet Nov 29, 05:50 2
- hmmm, ok....nm - x Nov 29, 05:53 1
  - Plus the IP is already gone. It's not like they'll wake up tomorrow and figure this out. - spamlet Nov 29, 06:03
It's almost as if they are telling people what they want to hear and then not actually doing it. -- nm - volnelk Nov 29, 05:36 1
- gee, ya think? -- nm - Epiphany Nov 29, 06:15

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i think this is the thing in the senate tax bill i find the most bizarre, given the lead up rhetoric

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