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I don't think the UK would be exporting Starbucks or Amazon branding?
by arethuza 8y ago
I don't think the UK would be exporting Starbucks or Amazon branding?
- rusk 8y agoThey totally would. It's a tax thing. IP transfer happens between national operating units all the time for just this reason.
- arethuza 8y agoYes, transfer pricing - but that's how the parent companies would move profits from the UK to elsewhere by licensing their IP to their legal entities in the UK. Of course, it might be UK brands licensing their IP?