royalties
Defined in 3 dictionaries — Case Law, U.S. Code, Black's (1910)
Definitions from Case Law
From 337 U.S. 369 - Commissioner of Internal Revenue v. Wodehouse · 1949Most cited · 129 citing opinions
proceeds for the use of patents, 26 U.S.C.
United States Code
19 U.S.C. § 3332 — for purposes of this section
The term “royalties” means payments of any kind, including payments under technical assistance or similar agreements, made as consideration for the use or right to use any copyright, literary, artistic, or scientific work, patent, trademark, design, model, plan, secret formula, or process. It does not include payments under technical assistance or similar agreements that can be related to specific services such as—
(A) personnel training, without regard to where performed; and
(B) if performed in the territory of one or more of the NAFTA countries, engineering, tooling, die-setting, software design and similar computer services, or other services.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910