Page 17 - International Taxation IRS Training Guides
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Income Shifting Outbound:
                                                                                                     Illustration














                                                                    U.S.




                  License of                                                                                    License

                  Intangible                                                                                   Payment

                   Property                             Foreign Corporation                                    (Royalty)
                                                                                 X
                                                                (Country
                                                              Low-tax
                                                                             rate)
























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