Here's an example of the approach used by Microsoft: "Ireland Subsidiary Typically, he said, a company like Microsoft develops a product like Windows in the U

Here's an example of the approach used by Microsoft: "Ireland Subsidiary Typically, he said, a company like Microsoft develops a product like Windows in the United States and deducts those costs against U.S. income. It then transfers the technology to a subsidiary in Ireland, where corporate tax rates are lower, without charging licensing fees. The company then assigns its foreign sales to the Irish subsidiary so it doesn’t have to claim the income in the United States." http://www.bloomberg.com/apps/news?pid=newsarchive&sid=amBiYGyHOkZ8 http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a... Let us know what you find. This is an interesting topic, although it is possible that the playing field will shift quickly after the current US administration makes some legislative changes.