What is the sourcing of the royalty income

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Question - USCo, a domestic corporation, owns the rights to a patent related to a medical device. USCo licenses the rights to use the patent to Irish Co, a foreign corporation. IrishCo uses the patent in a manufacturing facility located in Ireland. What is the sourcing of the royalty income received by USCo from IrishCo for the use of the patent?

Reference no: EM131820484

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