Clark Armitage Weighs in on Relocating IP in Wake of Tariffs in Bloomberg Law
President Donald Trump’s worldwide tariffs are shifting longstanding incentives for companies to house ownership of valuable intellectual property and other functions overseas—and practitioners say they should start crunching the numbers to see if it’s time for a change.
Companies have been scouring their operations for ways to cut tariff impacts since the levies were announced, and IP can make up a sizable portion of the value of imported goods, especially in industries like tech or pharmaceuticals.
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Caplin & Drysdale international tax lawyer J. Clark Armitage said reshoring IP to the US can reduce the tariff because it would no longer be included in the purchase price.
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