Intellectual Property, Science, Computers & Technology, Tax Law

Energy Newsletter - May 2013

by King & Spalding on 5/3/2013

In This Issue: - DISPUTE RESOLUTION: - Oil & Gas Litigation: New Decision May Impede Fracking on Federal Land - Intellectual Property: Non-Practicing Entities (Patent Trolls) Target Oil and Gas...more

Taxation Of Computer Software Sales: Ordinary Income, Capital Gain, Or Both?

by David Blum | Levenfeld Pearlstein on 4/29/2013

The taxation of computer software is complex, confusing, and in some circumstances, uncertain; although self-created computer software is routinely sold today, especially with the significant increase in the number of...more

Mintz Levin’s London-based IP Practice Group Identifies the UK’s ‘Patent Box’ as a Boon for Clean Technology Clients

by Mintz Levin - Energy & Clean Technology on 3/28/2013

The UK government has proposed a new initiative called the “Patent Box,” designed to foster UK-based innovation and development, and enhance the competitiveness of the UK tax system. And, as an advantageous bonus for clean...more

Business News Digest – February 2013

In this issue: - What You Need to Know About the Proposed Maryland Investment Tax Credit for Cybersecurity - Trade Secret Legislation May Increase Infringement Claims and Lead to a Private Right of Action -...more

Supreme Court of Canada Establishes Important Principles in Transfer Pricing

by Claire M.C. Kennedy, Martin P.J. Kratz Q.C., Darrel H. Pearson | Bennett Jones LLP on 12/3/2012

The Supreme Court of Canada recently released its judgment in The Queen v Glaxo Smith Kline Inc.,1 (Glaxo), which is the Court's first pronouncement on Canada's transfer pricing rules. Transfer pricing involves the allocation...more

Inside the (Patent) Box: UK Government introduces beneficial tax regime on patent income

by Morrison & Foerster LLP on 5/1/2012

Beginning on 1 April 2013, the UK Government will reduce the rate of corporation tax payable in the UK on profits arising from patents and some other forms of intellectual property (“IP”). The reduced tax rate implemented by...more

Strategic Intellectual Property Offshoring Through Outsourcing

by Fred Logue on 4/26/2012

Traditionally intellectual property (IP) offshoring has been used by multinational corporations as a way to reduce their global effective tax rates by holding their IP in low tax offshore jurisdictions. The 2009 relocation by...more

WTO Accession of the Russian Federation - Implications for Pharmaceuticals and Medical Devices

by King & Spalding on 12/22/2011

Russia’s accession to the World Trade Organization (WTO) will create opportunities to increase exports of pharmaceutical products and medical devices. On 16 December 2011, WTO Members accepted the terms of the Russian...more

Life Sciences Update - October 2011

by Baker & McKenzie Australia on 10/4/2011

This is the October 2011 edition of the Life Sciences Update. In this issue: - R&D tax offset legislation passed by Parliament - Raising the Bar - Interchangeability of drugs, not doses -...more

TGS-NOPEC Victory in Franchise Tax Case has Broad Implications for Texas Businesses

by Jackson Walker on 6/7/2011

On May 27, 2011, The Texas Supreme Court found in favor of TGS-NOPEC Geophysical Company in a dispute involving how TGS' receipts from the licensing of its geophysical data should be apportioned for Texas franchise tax...more

Nortel is Now Final: Most Software is Now Exempt from California Sales Tax; State Board of Equalization Expected To Fight Refund...

by Reed Smith on 5/5/2011

Last week, the California Supreme Court denied the California State Board of Equalization's petition for review of the Court of Appeal decision in Nortel Networks, Inc. v. State Board of Equalization, holding that a license...more