RoyaltyStat Launches New Database with Over 6,000 Unredacted Service Agreements

Share Article

RoyaltyStat, the premier online database of royalty rates and license agreements for transfer pricing compliance and reasonable royalty rate dispute resolution, has launched a new database with over 6,000 service agreements, each complete with consideration and service fee information. RoyaltyStat subscribers can still search over 10,000 license agreements, each with a disclosed royalty rate. Now, subscribers can search also for comparable services agreements to support intercompany provision of services and better survive an IRS transfer pricing audit. RoyaltyStat continues to lead the field in innovation. RoyaltyStat recently added the ability to search all SEC filings without leaving the website. Subscribers select their comparables online and can easily accept or reject a given license or service agreement. Accepted agreements are sorted into personalized online folders, which stay active as long as the subscription is updated, giving the subscriber access to their agreements 24/7.

RoyaltyStat has reached several milestones in recent months. Our license database now contains over 10,000 agreements, each with an unredacted royalty rate. We extract and normalize over 20 data fields by employing experienced analysts.

RoyaltyStat, http://www.royaltystat.com, has reached several milestones in recent months.

First, its license database now contains over 10,000 agreements, each with a disclosed or unredacted royalty rate. It extracts over 20 data fields by employing experienced analysts, and the description of the intangible and royalty rate fields are normalized. Priority is given according to the accuracy of data extraction, and there is well-defined copy-editing and verification procedures to preserve fidelity with the source agreement. No other commercially available database has comparable content and quality control of its extracted information. RoyaltyStat's competitors rely on copy-and-paste technology, without any data normalization, thus making intertextual comparison burdensome.

Second, RoyaltyStat has launched a complementary database of service agreements to provide comparables for the intercompany provision of business services, such as contract R&D or agency arrangements. The site provides over 6,000 services agreements, each with a description of the services and a disclosed alphanumeric consideration field or service fee. The service agreements receive the same attention to detail, normalization, and quality control as the license agreements. Also, clients receive a copy of the actual agreement, as well as the original SEC filing containing it. This allows subscribers to determine if there are other provisions associated with the license agreement that may merit consideration for their personal situation.

Third, subscribers can search all SEC filings, such as 10K, 10Q, and 8K filings. RoyaltyStat has the SEC filings in its local database, so this function is not merely a link to the independent SEC website that can curtail research time.

Fourth, RoyaltyStat allows subscribers to accept or reject any agreement in a folder. This includes the ability for the subscriber to use preselected reasons or to write a note regarding the rejection.

Fifth, RoyaltyStat's prompt and expert customer service remains second-to-none. Customer service professionals assist with customized searches at no extra cost to the subscriber, and they are always ready to answer any questions or help make client's searches easier and more complete.

Finally, RoyaltyStat is based on a state of the art server platform, including the most recent releases of Microsoft SQL Server and Adobe ColdFusion. This up-to-date platform technology allows the user to benefit from advanced and reliable search engine algorithms.

If there are seven steps regarding the intercompany transfer of intangibles or provision of business services, RoyaltyStat is the foundation stone. The company is committed to continually improving its content stream and finding innovative ways of supporting its clients. RoyaltyStat works hard to remain the premier company to assist with tax compliance regarding the transfer of intangibles and determination of reasonable royalty rates for patent and trademark disputes. For more information, please visit http://www.royaltystat.com.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Ednaldo Silva, Ph.D.
Visit website