Creating Substantial Value from Tax Patents

Sponsored By Markets, Patents & Alliances, LLC

Topics:

Accounting > Tax

Business Software > ERP

Compliance & Governance > Sarbanes-Oxley

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Abstract:

Tax patents are valuable tools for financial professionals. Tax patents encourage the full disclosure of advances in financial product design, compliance tools and budgeting software. As expected with any significant change to a professionýs paradigms, however, tax patents are currently causing considerable anxiety among chief financial officers, accountants, attorneys, and regulators. All of these stakeholders are unused to patent-based business practices intruding into their domains of expertise and suspicious of the exclusionary rights patents provide to the innovators that create them. These anxieties are legitimate, but will be overcome as the tax community comes to appreciate the tremendous power of these remarkable tools for supporting high reward / high return financial innovation.

DETAILS

Sponsored by: Markets, Patents & Alliances, LLC

Released: May 04, 2009

Length: 4 pages

Format: PDF (27 kb)

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