NewsRx

Search our medical news database

American Institute of Certified Public Accountants

AICPA Applauds Introduction of Bill by Representative Boucher and Representative Goodlatte to Prohibit Tax Strategy Patents

Published in Lab Law Weekly, June 5th, 2009

The American Institute of Certified Public Accountants applauded Representative Rick Boucher, a Democrat from Virginia, and Representative Bob Goodlatte, a Virginia Republican, for introducing legislation that would prohibit patents on tax planning methods.

"We need this bill so that U.S. tax laws will be applied equally to all taxpayers," AICPA President and CEO Barry Melancon said. "Tax strategies that are patented by the U.S. Patent and Trademark Office can only be used by some taxpayers. That's not fair and not how Congress intended the tax laws to be administered."

He said the 77 tax strategy patents that have been approved and the 129 that are...

Want to see the full article?

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Buy Now


Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Lab Law Weekly


NewsRx is Social

Follow us on your favorite social network by clicking on a button below:

Follow NewsRx on Twitter

NewsRx on Facebook

Awards

eHealthcare Leadership 2011 Winner
Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

  • Google 2010 PageRank: #2 Among Top Health News and Media Publications
  • Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
  • Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
  • Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry
NewsRx on Facebook