That I don't know. The code that we send to the US, is usually sent electronically and we don't bother with telling anyone anything.... Would be a worth while question to ask a Lawyer skilled in importation of intellectual capital type materials - as I think code is in any case 'not real'. But, then again, how can they tax intellectual capital? I think there is a difference between a completed, compiled and packaged software product, and code.
We have an offshore technical company and it is a straight buy/sell transaction without taxes.... Is this the right way? I don't know. All I know is that no-one has asked us any questions...
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