Finazz.com : evaluating the tax impact of an intellectual property transfer / Karen Lightstone.

Format:

Book

Author/Creator:

Lightstone, Karen, author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Intellectual property.

Electronic commerce--Law and legislation.

Electronic commerce.

Sales tax--Law and legislation.

Sales tax.

Sutherland, Sally.

Stockholders.

Finazz Inc.

Physical Description:

1 online resource.

Place of Publication:

London : SAGE Publications: SAGE Business Cases Originals, 2019.

System Details:

text file

Summary:

In this case, students focus on the income tax considerations of having a permanent establishment in the e-commerce world and transferring intellectual property to a corporation tax-free. Tax on digital transactions is a recent topic of discussion for the Organisation for Economic and Co-operative Development. The ability to rollover assets to a corporation is relevant for both Canada and the United States, as the mechanisms are available in both countries. Students play the role of an advisor to Sally Sutherland, the majority shareholder of Finazz Inc., a newly created corporation. Sally created the idea for the software and made a prototype. The corporation receiving this intellectual property has other shareholders, so students need to consider the implications of the transfer on all parties.

Notes:

Includes bibliographical references and index.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526488374

OCLC:

1089143634

Access Restriction:

Restricted for use by site license.