Cadence Design Systems Intercompany transfers of intangible property rights remained flat by 0.0% to $1.96M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 67.1%, from $5.96M to $1.96M.
Changes here often signal shifts in global tax strategy or the centralization of intellectual property in specific tax jurisdictions.
Represents the tax impact resulting from the transfer of intangible property rights between different legal entities wit...
Commonly disclosed by multinational technology firms with significant cross-border IP holdings.
other_effective_income_tax_rate_reconciliation_intercomp_13de71| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $23.83M | $7.83M |
| YoY Change | — | — | — | -67.1% |