Bloomberg BNA Course Helps Companies Achieve Full Tax Potential of Intellectual Property

Arlington, Va., (October 9, 2012) - Companies that understand the increasing importance of intellectual property (IP)-related tax issues and the effect of effective tax planning not only lower their tax rate, but also maximize the full value of their IP assets. Bloomberg BNA | CITE will host a live conference, U.S. Taxation of Intellectual Property, to be held October 15-16 at The Allerton Hotel in Chicago, Ill. The conference-intended for corporate tax counsel, international tax executives and managers, IP and licensing executives, CPAs and accountants, executives of companies with strong IP assets, and service providers to the IP industry-will address the latest tax planning strategies and opportunities using intangible assets and help companies achieve their full tax potential.

Participants will learn how to identify critical and overlapping IP and tax considerations, strategize the legal relationship between parent and foreign IP-owning subsidiaries, and recover lost profits when IP ownership is separated from sales. In addition, they will learn how to improve communications to avoid problems between tax and IP departments.

The conference will address the financial accounting aspects of software and intangibles, identifying FAS 109 impacts of method differences, APB 23 decisions regarding reinvestment, FIN 48 reserve decisions, FAS-141 business combination considerations, and FAS-142 goodwill and other intangible assets rules.

Sessions will also cover internal IP restructuring and the migration of IP offshore; IP licensing and Sec. 482 transfer pricing issues; special tax planning considerations for software, mergers, acquisitions and dispositions involving IP assets; cost sharing; IP tax consequences when structuring joint ventures; and handling IP tax controversies.

By attending the two-day conference, attendees will learn how to:

• Devise tax planning techniques to maximize the value and potential of their intellectual property assets
• Understand the increasing importance of IP-related tax issues
• Utilize beneficial transfer pricing strategies in relation to IP licensing
• Understand the latest IRS cost-sharing regulations and ways to deal with challenges to contract manufacturing
• Deal effectively with IP tax controversies
• Determine the role of valuation techniques in regard to IP assets

To register, go to bna.com or call (914) 328.5656 for further information on special rates.