U.S. Patent Office Pays More Taxes Than General Electric
General Electric was not the only large U.S. corporation not to pay taxes. According to Citizens for Tax Justice, General Electric had some company. In fact, American Electric Power, Dupont, Verizon,...
View ArticleEconomic Signs Paint Bleak Picture for the Future
Small businesses are the backbone of the nation's economy and those that are most likely to engage in job creation. Unfortunately, the small businesses surveyed tell a tale of little or no job creation...
View ArticleA Manufacturing Strategy for 2012: Keeping Jobs & IP in the U.S.
At his speech at the U.S. Chamber of Commerce, Commerce Secretary Bryson outlined his top three priorities to help American businesses "build it here and sell it everywhere," focusing on supporting...
View ArticleObamacare and the Supremes, A Patent Attorney’s Perspective
A method to reduce the national debt comprising a "Skinny Jeans Tax" whereby... Does anyone think they look good in skinny jeans? Where on earth are the fashion police when you need them? In any event,...
View ArticleAmerica Needs a National Manufacturing Policy
I don't believe the federal government needs to coordinate a program or embark upon studies by some blue-ribbon panel. What the federal government needs is to institute a meaningful and coherent...
View ArticleThe Advantages of Enacting a Patent Box Regime
The exact terms of a patent box will vary depending on what the drafter is trying to promote. For example, the tax preference could require that the profits be derived only from a patent secured in...
View ArticleHillary Clinton agrees patents be suspended until corporations pay their taxes
Last week in Iowa Hillary Clinton promised to use patents owned by giant technology companies as leverage to get them to pay higher taxes. If you listen to the actual exchange between Clinton and a...
View ArticlePush for online sales tax continues at state and federal levels
Some states have decided that they can’t wait for a federal response on the collection of online sales tax, prompting them to enact their own measures. In Utah, where less than one percent of taxpayers...
View ArticleDiversion of USPTO user fees is a tax on innovation
User fees fund our patent system. The patent system turns ideas into assets. Those assets are used to secure financing and gain access to markets. Financing and market access fuel the rise of new...
View ArticleTax Bill Proposes Repeal of Capital Gains Treatment for Patents
The rule treating the transfer of a patent prior to its commercial exploitation as being available for long-term capital gains treatment would be repealed... Obviously, it is disheartening to see...
View ArticleTax Reform will Harm Inventors, High Tech Start-ups
More disturbing than the harmful effects the proposed changes would have – this signals a continuing approach toward patent rights as not being a property right, which contradicts the Patent Act and...
View ArticleGot IP? Get out. For investors thinking of selling, acting in the next few...
As of the date of this publication, the US House of Representatives and the Senate have passed the "Tax Cuts and Jobs Act" as reconciled by the conference committee. Now that the President has signed...
View ArticleTransfer Pricing Basics for IP Professionals
Transfer pricing refers to the prices charged for goods, services, and intellectual property (IP) between or among legal entities of a corporation, including a parent company and its domestic and...
View ArticleAmazon’s Big Brother Technologies: Tracking Life Milestones and Predicting a...
With data privacy concerns at the forefront in the wake of the Cambridge Analytica data scandal, it seems that Amazon isn’t completely in the clear when it comes to the security of consumer data on...
View ArticleThe Tax Burden on Innovation Just Got Much Heavier and Not Many People Are...
I was not even aware of the issue below until a CPA friend of mine happened to mention it during a friendly telephone call. But unless Section 174 of the Internal Revenue Code is restored to its...
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