Sentence:  Yet in “Through a Latte, Darkly”, a new study of how Starbucks has largely avoided paying tax in Britain, Edward Kleinbard [...] shows that current tax rules make it easy for all sorts of firms to generate what he calls “stateless income”: [...]. In Starbucks's case, the firm has in effect <WSD>turned</WSD> the process of making an expensive cup of coffee <WSD>into</WSD> intellectual property. 
Meaning of the word marked with <WSD> tags:  To transform into; cause to become.