Title :
Cutting taxes for electrical manufacturing and coil winding equipment companies
Author :
Pellegrino, Mike
Abstract :
Much of the present-day electrical manufacturing and coil winding equipment has application software embedded in it. This embedded application software performs much of the user-level functionality of the equipment and generally has favorable tax treatment at both the state and federal level. Companies that properly recognize the value of this embedded application software can utilize the favorable tax treatment of such software to lower the equipment´s effective cost and thereby create value. Vendors that market such equipment can restructure their customer transactions so that their customers can more easily claim these tax benefits. This increases a customer´s return on investment for the equipment, which translates to higher vendor revenues
Keywords :
coils; costing; electrical products industry; embedded systems; investment; machinery production industries; production engineering computing; taxation; winding (process); application embedded software; coil winding equipment company; cost saving; customer transaction; electrical manufacturing company; investment; tax benefits; user-level functionality; vendor revenue; Application software; Coils; Computer aided manufacturing; Costs; Electrical equipment industry; Embedded software; Finance; Investments; Manufacturing industries; Pulp manufacturing;
Conference_Titel :
Electrical Insulation Conference and Electrical Manufacturing Expo, 2005. Proceedings
Conference_Location :
Indianapolis, IN
Print_ISBN :
0-7803-9145-4
DOI :
10.1109/EEIC.2005.1566304