Point of taxation for intellectual property royalties: tax triggered on receipt of payment or issuance of invoice. For royalties and payments relating to copyrights, trademarks, designs or patents where the consideration is not ascertainable at performance, the service is treated as provided each time a payment in respect of such use or benefit is received by the provider, or an invoice is issued by the provider, whichever is earlier.
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Provisions expressly mentioned in the judgment/order text.
Point of taxation for intellectual property royalties: tax triggered on receipt of payment or issuance of invoice.
For royalties and payments relating to copyrights, trademarks, designs or patents where the consideration is not ascertainable at performance, the service is treated as provided each time a payment in respect of such use or benefit is received by the provider, or an invoice is issued by the provider, whichever is earlier.
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