royalty

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Royalty

Payment for the right to use intellectual property or natural resources.

Royalty

A fee that one receives in exchange for allowing another party to use and profit from one's property. For example, a publisher who prints and sells a book must compensate the author for use of his/her intellectual property. Usually a royalty is a percentage of the revenue or profit that the other party (in this example, the publisher) makes.

royalty

The compensation that is paid to the owner of an asset based on income earned by the asset's user. For example, an oil company pays royalties to the owners of mineral rights, and a book publisher compensates its authors with royalty payments.

royalty

an agreed payment made to the owner of an INTELLECTUAL PROPERTY RIGHT, for example, a PATENT or COPYRIGHT, for the grant of an exclusive or nonexclusive LICENCE or FRANCHISE to produce and sell for profit the item concerned.

royalty

Compensation for the use of property,usually copyrighted material or minerals,including oil and gas. Payment is generally calculated as a percentage of receipts and may be paid in cash or in kind.

Royalty

A payment received for the right to exploit a taxpayer's ownership of natural resources or a taxpayer's literary, musical, or artistic creation.

References in periodicals archive ?

There are many factors that can impact the outcome of a theatrical royalty dispute and a thorough analysis performed by the CPA may yield surprising results.

A producer's cut: CPAs can play critical role in resolving royalty disputes

For the risk-averse investor, royalty trusts offer diversification and a pure investment in commodities; they reduce a portfolio's overall risk and provide a hedge against inflation.

Tax benefits of royalty trusts: another way of investing in commodities

The scope of the license has been extended without any increase in the royalty rate.

Microsoft announces additional improvements to Protocol Licensing Program: changes include simplified, low cost royalty structure and new license terms

Haight attributed the lack of royalty payments in part to the fact that his newsletters, mostly in the higher education field, "are not particularly hard news.

Online revenues: "Take your best estimate for what you expect to collect and divide by ten"

Reaching out to all of your royalty sources and getting a commitment from them to use your songs is time consuming.

Turning melodies into royalties: the real avenue in the music business is in the ownership rights to the hits. Here's how to publish and not perish

In addition, it should be noted that the royalty will result in a disincentive to develop additional reserves on public lands.

Hard-rock mining royalties and the federal law

This analysis might also extend to section 367(d), which applies to nonrecognition transfers, on the theory that if First Security Bank prohibits a section 482 adjustment to a licensing transaction when, under foreign law, the licensee cannot pay a royalty, then there can be no constructive licensing arrangement under section 367(d) requiring the same effect if the outbound transfer is a nonrecognition transaction.

Procter & Gamble and beyond

Notwithstanding the City Tribunal's analysis, the prevailing reading, by practitioners, of the State Tribunal's Sherwin-Williams case has been that a taxpayer will be combined with its nonnexus royalty affiliate if it cannot prove that the (1) pricing met Sec.

NYC ruling upholds royalty deductions

First, although super royalty was intended by Congress to counter unacceptable shifting of profit by U.

The Section 482 White Paper - a Canadian perspective

The "existing contracts" "know how" and customer lists that gave rise to the royalty payments were the same ones Ms.