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#	AUTHOR DATE SUBJECT
3	member 9/25/21 11:07AM Re: Re: royalties 2
Hi Coffee, I am confused. I think OTIS maintains the status quo and keeps charging Zardoya their 2.1-3.5% royalty. I see Euro Syns staying as a minority shareholder and seeing this cash being detracted from net income... login to read the rest view available tags
2	member 9/25/21 8:05AM Re: royalties 1
Thanks for your question. “Eliminate” was the wrong word for me to use, since as you say Otis might continue to exploit any tax benefits from this arrangement while it makes sense for them to... login to read the rest view available tags
1	member 9/25/21 5:55AM royalties
why would they eliminate the royalties? it is a very common tax avoidance practice within fully own subsidiaries and it would be a gift for the zardoya family view available tags