Substantial Contribution Test
New Contract Manufacturing Regulations Offer New Substantial Contribution Test
By William P. Elliott, Cherry, Bekaert & Holland, L.L.P. (CB&H) Email: firstname.lastname@example.org | bio Global economic expansion and globalization have led to significant changes in manufacturing over the last 40 years. Many multinational groups have extensive manufacturing networks that straddle geographic borders primarily to leverage expertise and cost efficiencies. Contract manufacturing arrangements, which generally entail the production of goods by one company under the brand or label of another company, have become a common way to manufacture products because of the flexibility and efficiencies that they afford. Use of contract manufacturing arrangements, particularly in China, has grown exponentially to the point that. Read More.