Tuesday, June 02, 2009

U.S. Supreme Court to address tax patents

From Tax Notes Today ($):
The U.S. Supreme Court on June 1 granted certiorari to hear the appeal of a patent case, Bilski v. Doll, No. 08-964, with possible implications for the future of tax strategy patents.

I don't know of any professional organization that defends the idea of patentable tax strategies (which are argued to fall within the realm of patentable business methods), but Congress has persistently failed to act on legislation to rein them in. Perhaps the top Court will put the idea to rest.

1 comment:

JLM said...

Hooray for the Supremes!