Tax Considerations for Outbound Transfers of Intangible Property Offshore

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There are some important U.S. international tax considerations to be aware of when a U.S. person transfers intangible property outside the United States. When a U.S. person contributes intangible property to a foreign corporation as a capital contribution in exchange for stock, a taxable event will generally occur for U.S. federal income tax purposes. The U.S. transferor is considered to have taxable income from a deemed sale of the intangible property in the form of annual deemed payments based on the productivity or use of the property for the lesser of the useful life of the property …read more

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Aronson LLC has been thinking ahead for its clients for more than 50 years. Aronson’s construction, real estate, government contracting, nonprofit, technology and private industry experts provide innovative audit, tax, and consulting services that help its clients move to the next level. From start-up to exit strategy, Aronson works with companies throughout the entire business lifecycle by proactively identifying opportunities and addressing challenges so that clients are able to focus on their core business. Aronson shows companies how to rethink everything to be more profitable, more competitive and better prepared for the future.

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