Quoted: The new IP value generated a big set of “deferred tax assets”—like pre-paid tax payments or credits—in the Netherlands of $6.1 billion, according to Dan Lynch, an associate professor of accounting and information systems at the University of Wisconsin-Madison, who read the quarterly filing. The taxes would be calculated through multiplying profits by the tax rate. The rate could be either 25% or 7%, the lower number reserved for profits from IP “innovation” developed in the Netherlands, according to Dudley.
Office of Strategic Communication