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Secondly, you have to declare the valuation of the patent. This is then taxed by the government, similarly to property tax. If you decide to value your patent a
by cageface 14y ago
Secondly, you have to declare the valuation of the patent. This is then taxed by the government, similarly to property tax. If you decide to value your patent at $0, then you pay $0 tax.
I'd rather just see software patents thrown out entirely but I think this is the most reasonable suggestion I've seen for fixing the current system. If that tax were rolled back into funding real scrutiny of incoming patents the whole system might not be the cancer it's become now.