### Question
Can you define what intangible means?


### Answer
**Intangible** is defined as the following in *26 U.S.C. § 865*:

> any patent, copyright, secret process or formula, goodwill, trademark, trade brand, franchise, or other like property

#### Citation:
  - *26 U.S.C. § 865*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter N-Tax Based on Income From Sources Within or Without the United States > PART I-SOURCE RULES AND OTHER GENERAL RULES RELATING TO FOREIGN INCOME**

