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Is the purchase of 'copyright/right to use articles' 1042-S reportable?
June 17, 2025
Q.
Our institution purchases online access to journal publications from vendors regularly. In some cases, the vendor is international. Would a payment such as this be considered reportable on the 1042-S? Would the sourcing be considered U.S. or foreign?
A. (Answered by IOFM's third party tax expert.)
Regulation 1.861-19, Example 8, seems to match your situation fairly well. In that example, the U.S.-based business is paying for access to a database and may occasionally download copyrighted…
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