'IP Come Home!' How TCJA Incentivizes Asset Repatriation

By Robert Kiggins (March 6, 2018, 10:24 PM EST) -- Much has been written about how the recent Tax Cuts and Jobs Act, P.L. 115-97,[1] is incenting U.S. multinational companies to bring jobs and income home. However, there are two lesser-known related provisions of TCJA specifically targeting more "portable" income. This is income from assets that are easily moved to other countries, such as intellectual property, or IP.[2]...

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