How the new US tax code encourages tech firms to move assets back to the US by cutting taxes on foreign-derived intangible income, like IP, to 13.125% from ~35% (Sam Schechner/Wall Street Journal)

Sam Schechner / Wall Street Journal:
How the new US tax code encourages tech firms to move assets back to the US by cutting taxes on foreign-derived intangible income, like IP, to 13.125% from ~35%  —  Tech firms and drug makers often hold foreign rights for their IP in a company based in a low-tax country

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