Would you like to learn how large, multinational corporations manage to earn billions of dollars from non-U.S. operations while paying little or no income tax on those profits? By aligning the ex-US rights to its IP with its off-shore operations, a business can minimize the taxation of the profits attributable to that IP, substantially lowering the company's global tax cost. Tax partner Lynn Fowler and corporate partner Carole Bellis will discuss the pros, cons, risks and rewards of strategically aligning the tax ownership of IP with business operations.