The Tough New Era for Intangibles Deductions

CD of Live 90-Minute Telephone Conference with an Interactive Q&A Session Conducted on July 28, 2005 Now available on CD

Business strategies created to maximize a corporation’s intangible assets are showing up on the endangered list. New York, North Carolina, Virginia, North Carolina and Illinois are just some of the states that have clamped down on companies’ ability to deduct the royalty payments or licensing fees paid to affiliated companies for use of trademarks, patents, copyrights and other intangible assets. Many of those states also are making companies add back intra-company interest payments to their tax base.

The key decision for corporate taxpayers is: Should you take on the state and fight to continue taking intangibles deductions -- or hunt for new, advantageous business structures within the tax code?

Listen from your office as our panel of veteran tax advisors arms you with the insights you need to answer that question, including:

You'll get:

• an update on where intangibles deductions are disallowed or restricted
• proven tactics for defending your intangible asset strategy
• new strategies your company should consider to take the place of lost deductions

*******************************************************************************

TELECONFERENCE CD