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Patent law is getting tax crazy (IHT)
The International Herald Tribune reports
on another area of patent silliness: tax avoidance methods.
"There is even one case pending in U.S. court in Connecticut, in
which an organization called the Tax Strategies Group complains that John
Rowe, the chairman and former chief executive of Aetna, infringed on its
patent by using a certain type of trust to minimize taxes on profits from
stock options. The group wants Rowe to be barred from using that strategy
unless he buys a license from it." We must be getting closer to the
straw that breaks the camel's back.
(Log in to post comments)
Patent law is getting tax crazy (IHT) Posted Oct 20, 2006 18:33 UTC (Fri) by arcticwolf (guest, #8341) [Link] It's "Tribune", not "Tribute". :) But yeah, one can only hope that with nonsense like this, there'll be a real patent reform some time soon(ish).
Patent law is getting tax crazy (IHT) Posted Oct 20, 2006 18:40 UTC (Fri) by corbet (editor, #1) [Link] Don't you know we have a patent on posting typo notes as comments? Consider this your official cease-n-desist...:)Fixed.
Patent law is getting tax crazy (IHT) Posted Oct 21, 2006 9:49 UTC (Sat) by arcticwolf (guest, #8341) [Link] *chuckles* Maybe I should obtain a patent on cease-and-desist letters...
Patent law is getting tax crazy (IHT) Posted Oct 20, 2006 20:34 UTC (Fri) by mattdm (subscriber, #18) [Link] I think the whole camel is made out of straw.
Patent law is getting tax crazy (IHT) Posted Oct 20, 2006 23:44 UTC (Fri) by smoogen (subscriber, #97) [Link] It was all fun and games in the patent world, until someone took on the IRS.
Patent law is getting tax crazy (IHT) Posted Oct 21, 2006 11:28 UTC (Sat) by tzafrir (subscriber, #11501) [Link] Actually I don't think that the IRS would mind. It only raises the bar to those who want to work around paying taxes. Not to mention creating an atmosphere of FUD.
And the IRS then has 20 years to close the loophole in the regulations...
Patent law is getting tax crazy (IHT) Posted Oct 21, 2006 19:47 UTC (Sat) by joib (guest, #8541) [Link] Just wait until someone patents paying taxes. :)
Patent law is getting tax crazy (IHT) Posted Oct 21, 2006 2:47 UTC (Sat) by JohnNilsson (subscriber, #41242) [Link] While patents in USA ha allready reached absurd levels, Europe isn't there quite yet, but we are going there, fast. Right now the emerging Pirate Parties around the world is preparing to form a Europarty for the comming european elections. This will be an opportunity to get representations in the parliament with a benign agenda regarding copyright, patents and digital liberty (for lack of a better word). Might I suggest that anyone who has a concern regarding these issues join the discussion now so that we have strong platform in the election?
Patent law is getting tax crazy (IHT) Posted Oct 21, 2006 3:09 UTC (Sat) by sbergman27 (subscriber, #10767) [Link] > While patents in USA ha allready reached absurd levels, Europe isn't there quite yet, but we are going there, fast.
Europe has *always* lagged behind the US when it comes to going down the toilet.
Patent law is getting tax crazy (IHT) Posted Oct 22, 2006 2:34 UTC (Sun) by Arker (guest, #14205) [Link] For values of 'always' equal to 'after WWII' perhaps.
Patent law is getting tax crazy (IHT) Posted Oct 23, 2006 18:35 UTC (Mon) by bluefoxicy (guest, #25366) [Link] The "Pirate Parties" will fail. They stand on the podium of thieves and criminals wanting robbery legalized. There is a real, just cause for reforming copyright and patent law; but if a number of black-masked bandits walked into their country's legislative body demanding change, the legislature would determine that these are crooks crying over the law stopping them from doing things wrong and thus the laws must be good and should be made even stronger.
Get a podium that looks more benign. Here is a (shameless plug) Copyright Reform I wrote up on Mediawiki's Meta under my user page, notice that I give very much leniency and describe a method of damage control and showing that there is no harm and even aid in reducing Copyright terms that doesn't involve running into Congress yelling "YARR BOOTY!"
http://meta.wikimedia.org/wiki/User:Bluefoxicy/Copyright_...
Patent law is getting tax crazy (IHT) Posted Oct 26, 2006 8:10 UTC (Thu) by job (subscriber, #670) [Link] I believe the "Pirates" term is a good idea. It is similar in spirit to other derigatory words taken back and given new meaning. When you are called a "pirate" by the record industry because you rip your own CD which you legally bought (which is illegal if the record company calls it "copy protected" in most/all of Europe and the US) the term irony is so obvious the term is ripe for plucking and load it with new meaning. Tomorrow's pirate is a creative person, far from the robber and rapist of times past.
Patent law is getting tax crazy (IHT) Posted Oct 28, 2006 0:40 UTC (Sat) by jschrod (subscriber, #1646) [Link] I believe that using the "Pirates" term is a very bad idea, and that we don't need to join the RIAA strategy to use that names.
Pirates rob ships on sea, kill humans, rape women and children. They are not an artifact of the last centuries -- today, pirates on the sea are more active than in all times before. See http://en.wikipedia.org/wiki/Piracy#Modern_piracy, or google for piracy today. While Johnny Depp is looking nice with his golden teeth, but this image should remain at the movies and not be dragged into a political campaign, out of respect for the real, dead, victims of piracy.
To take the term "Pirates" in jest is akin to spit on the graves of those murdered by pirates. Grow up and stop acting like the RIAA.
Joachim
Patent law is getting tax crazy (IHT) Posted Oct 28, 2006 16:02 UTC (Sat) by nlucas (subscriber, #33793) [Link] Well said.
Patent law is getting tax crazy (IHT) Posted Oct 26, 2006 11:49 UTC (Thu) by pphaneuf (subscriber, #23480) [Link] Something remind me to take a patent on putting sugar in coffee.
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