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I mean, they'll still have to license the tech from Cruise, they'll just be licensing from a company they have a minority stake in. You can't just use tech fro
by gph 8y ago
I mean, they'll still have to license the tech from Cruise, they'll just be licensing from a company they have a minority stake in.
You can't just use tech from some other company even if you are part-owner. Heck I don't think you can even do that from a fully-owned subsidiary. They have to have structural/legal independence or it's really just a different branch of the same company.
- FredFS456 8y agoIf it's a fully-owned subsidiary you could draft a contract of licensing in exchange for a token $1 or something like that. (Or is there regulatory oversight?)
- gmb2k1 8y agoThat would constitute tax fraud in many legislations. That's one of the principal points that tax auditors check in a group, although it's oftentimes hard to determine a market price.