Patenting Sfotware -- The Tax Advantgaes

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#4598

From: Christopher J. Seline
Date: Thu, 31 Jan 1991 20:09

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I don't agree with patenting software; however, it does have tax advantages?
WHAT?  YES!

A patent lasts for only 17 (or was it 18) years.  Thus it has a fixed life.
R&D costs on something that has a fixed life can be amortized over the
fixed life of the product.
	So, if my R&D on the some program is $17M and it has a 17 year life
	cause I got at patent and it makes a profit (before R&D costs) of
	$1.2M per year THEN I can subtract $1M per year of the (before R&D)
	profits as R&D costs thus lowering my taxable income.

THIS IS NOT A LEGAL OPPINION
	YOUR MILAGE MAY VARY
		ALWAY ASK A LAWYER
			ALWAYS ASK A LAWYER
				FLAMES TO /dev/null

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From: cjs@po.CWRU.Edu (Christopher J. Seline)
Newsgroups: comp.lang.postscript
Subject: Patenting Sfotware -- The Tax Advantgaes
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Date: 31 Jan 91 20:09:25 GMT
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