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4 January 2021TrademarksMuireann Bolger

Facebook moves IP back to US amid tax row

Facebook will repatriate most of its IP from the Republic of Ireland back to the US by liquidating three companies at the centre of a tax dispute about offshore profit shifting, the social media company has confirmed.

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More on this story

Copyright
26 July 2017   Social media site Facebook has acquired Source3, a start-up focused on the management of IP in user-generated content.
Copyright
8 July 2016   Facebook has been targeted in a lawsuit in which the US government said the social networking site may have undervalued intellectual property rights that it transferred to an Ireland-based subsidiary, a move which cut its tax bill.
Patents
10 March 2021   The Federal Circuit has affirmed a Facebook win over Australian patent assertion company Uniloc in a dispute over an instant-messaging patent.