Xilinx and Veritas as precedents for IP valuation
July 27, 2011
Anne Szustek in Arlington, Virginia
A panel at the National Association of Business Economics Transfer Pricing Symposium, near Washington this week, explored the implications of pre-existing intellectual property (IP) in the IRS’s transfer pricing cases against software companies Xilinx and Veritas.
In a session entitled Seminal Court Cases and Their Impact on Transfer Pricing Practice and Procedure, the panel focused on the impact of these two court cases, where. intangibles, specifically pre-existing IP, were key in their resolution
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