While royalty and profit participation agreements can provide tremendous income opportunities for many in the entertainment industry, ensuring they are administered fairly can be challenging. Those that license intellectual property must ensure that their property rights are protected and that royalty statements are accurate. Failure to effectively review or audit reports and payments can result in underpayment or even misuse of intellectual property.
Impact of California’s New Adoption of Economic Nexus Rules for Sales and use Tax in Wake of Wayfair Ruling
Arts and Culture