No one likes to receive a letter from a lawyer, especially one claiming that you’ve done something wrong, like infringing someone’s copyright. That’s exactly what Affordable Aerial Photography, Inc., and its proprietor, Robert Stevens are doing: employing law firms to send demand letters to people who might have a photograph
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IRS re-writes Medtronic tech license for $1B deficiency
License between Medtronic and its wholly owned subsidiary deemed not arm’s length transaction. Opens contract to attack by IRS, re-assesses Medtronic’s income, and increases its tax liability. Today the United States Tax Court issued a memorandum opinion that significantly and materially increased the royalty rate in a technology license agreed-to
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