Tax Cuts and Jobs Act Discussion

1. Your client, a US multinational company is planning to transfer intangible assets,including trade names and trademarks to a low tax offshore subsidiary. This subsidiary would charge royalties to US and foreign subsidiaries for the use of the intangibles.The company also plans to ship products manufactured by its international subsidiary to various worldwide customers. (300 words)

A) Briefly summarize the current transfer pricing implications and tax reporting

considerations your client should consider for both transactions.

B) What other information would you request from your client?

2) Amazon initially selected two locations for US headquarters-NYC and Northern Virginia. It recently withdrew from NYC due to opposition regarding the incentive costs and impact on the enviroment. New Jersey is also revevaluating it’s incentive grant program.In general, do you believe that state and local incentive programs are effective inn maintaining or attracting corporate business?(200 words)


 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.