A broad coalition of accounting, financial planning and consumer groups are hoping that the new Congress will take up a long-sought-after ban on the practice of patenting tax strategies. Tax patents ...

(Dow Jones) A Supreme Court ruling that was expected to clear up confusion over tax patents has instead stepped up a controversy between those who want to patent tax strategies and those who want them ...

Tax practitioners looking to Congress, the Treasury or the Patent Office for a solution to the perceived problem of tax strategy patents may instead have found some assistance from an expected source ...

In 2001, the year the most recent estimate covers, the tax gap stood at $345 billion. The brouhaha over patenting tax strategies, Baucus and Grassley said, started after courts ruled more than a ...

Senate's near-unanimous passage of law prohibiting such patents hailed as 'big step forward for taxpayers'; on to the House By Mark Schoeff Jr. Now that the Senate has approved a ban on patents for ...

On July 28, 2025, The Wall Street Journal reported that the U.S. Department of Commerce is considering a new proposal to impose a tax of 1% to 5% on the “value” of issued patents. If implemented, the ...

The University has been lobbying the federal government on intellectual property policy and tax legislation for the end of 2013 and all of 2014 so far, according to lobbying disclosure forms filed ...

The U.S. Congress is set to consider a proposal to curb the controversial practice of transferring patents to nonprofit groups or universities in exchange for lower corporate tax bills. The proposal ...

It increasingly looks like the Fed and the Biden administration have nailed the notoriously difficult soft landing, with inflation rapidly falling towards the Fed’s 2.0 percent target and the ...

On Sept. 7, the House of Representatives passed major patent reform legislation, which would ban the issuance of patents on tax strategies. The AICPA is a strong advocate of Congress’ work in this ...