1200 stunting as Gaffe 1200

[A Joseph Ross]

On 8/12/2012 10:15 PM, Garrett Wollman wrote:

> Hmmm. Like many large companies, they appear to be using the 
> "Intellectual property subsidiary" tax-avoidance dodge. How many 
> states does that still work in? -GAWollman

OK, what's an "intellectual property subsidiary."  Actually, I can guess 
that it's a subsidiary corporation designed to hold the rights to 
intellectual property, but what is it for?

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