Global Royalty Audits - Green

Recent Audits

Industry: Aerospace

Description Amount Uncovered by Audit Amount Settled/Collected
1. Airline Parts Manufacturer – uncovered underpaid amounts resulting from: (i) unreported sales of excluded part numbers and (ii) unreported royalties relative to repair and overhaul of licensed parts $ 221,500 $ 221,500
2. Airline Parts Manufacturer – uncovered underpaid amounts resulting from: (i) unreported sales of licensed products and (ii) unpaid annual maintenance fees $ 48,500 $ 48,500
3. Airline Parts Manufacturer – uncovered underpaid amounts resulting from: (i) unreported sales of licensed products and (ii) unpaid annual maintenance fees $ 12,100 $ 12,100

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