Just when there seems to be a lull in the ongoing war of attrition between tech giants Qualcomm vs. Apple, things heat up again. Apple has accused Qualcomm of infringing on more than eight patents relating to power management systems that pre-date patents Qualcomm based their initial infringement case on. Coincidently, at the same time,
Transfer pricing was a hot topic in litigation this past year. Chevron settled a $340 million AUD tax dispute with Australian tax authorities, Amazon and Medtronic won their respective lawsuits against the IRS for millions in back taxes, and the EU targeted Ireland and Luxembourg for illegal state aid of large multinational companies attempting to
ktMINE’s Chief Operating Officer, John Wiora, was among the more than 40 Transfer Pricing leaders that shared their insights at the TP Minds West Coast Conference in San Francisco. Trending TP issues addressed at the conference included BEPS, digital economy taxation, managing risk, and the changing international landscape. Wiora led a breakfast discussion on the
Broadcom has announced a huge, unsolicited bid to buy-out Qualcomm– at $103 billion it would be the largest technology takeover in U.S. history. While Qualcomm has initially rejected the deal offered, Broadcom has suggested that they are open to a hostile takeover. Qualcomm stipulated the bid as “too low” and far undervalues the company and
On November 3, Amazon announced that it would discontinue its Amazon Fresh grocery delivery service to regions in nine states. While the service will still operate in major markets such as New York City, Chicago, and Los Angeles, it will no longer be available in the rest of New York, California, and seven other states.
In September, China and Israel signed a $300 million ‘clean tech’ trade deal that, among other things, would allow Israeli food tech startups to sell lab-grown meat in the country when it becomes available. As the consumer of 28% of the world’s meat, China would inch closer to its goal of cutting meat consumption in
As the OECD continues to evaluate and work on refining its transfer pricing guidelines regarding several BEPS initiatives, ktMINE CEO, David Jarczyk, and Director of Operations, John Wiora, explore the topic of ‘information asymmetry’. The article, “Challenging asymmetric data, leveraging public data”, concludes that by accessing publicly available global data, taxpayers and their consultants protect their analyses by
Apple and Qualcomm’s royalty rates dispute continues to escalate. The following series of events have been pivotal in the licensing relationship. Our lead analyst, Megan Rourke, explored the initial complaints in the post, Apple and Qualcomm Battle Over Patent Royalties. See details below Save
As more and more individuals undergo genetic testing to discover their DNA ancestry and genetic health, Ancestry’s repository of DNA information, and the repositories of other companies in the direct-to-consumer genetic testing industry, will continue to grow. This raises some privacy concerns about the use of DNA information stored in these companies’ databases. DNA Testing
Aggregated royalty rate data demonstrates that royalty payment agreement bases are becoming more diverse. In addition, several trends around the industries making royalty rate transactions indicate changes in the marketplace.