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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 02/09 New
Lowtax Editor Column, by Kitty Miv |
| 01/09 International
Privacy and Security, Investors Offshore special feature |
| 31/08
Lowtax Belize, annual update |
| 27/08
IRS To Drop UBS Lawsuit, Tax-News.com |
| 26/08 New
Lowtax Editor Column, by Kitty Miv |
| 25/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 24/08
Uruguay Stays On OECD Grey List, Tax-News.com |
| 23/08 Don't
Forget Doha, And I Don't Mean The Tennis, Jeremy Hetherington-Gore
blog entry |
| 20/08
Ireland Plans Social Security Overhaul, Tax-News.com |
| 19/08 New
Lowtax Editor Column, by Kitty Miv |
| 18/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 17/06
Lowtax Cayman Islands, annual update |
| 16/08
Germany's Fiscal Court Seeks Property Tax Reform, Tax-News.com |
| 13/08 Jurisdiction
Special Focus: Antigua and Barbuda, Investors Offshore special feature |
| 12/08 New
Lowtax Editor Column, by Kitty Miv |
| 11/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 10/08 Brazil
Cuts Import Tariffs, Tax-News.com |
| 09/08 Ukraine
Tax Code Published, Tax-News.com |
| 06/08
France Plans Reform Of Property Tax Credit, Tax-News.com |
| 04/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 02/08 Islamic
Finance - The New Mainstream Alternative, Investors Offshore special
feature |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK
Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu , Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy
Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-
News.com Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 28/06
Lowtax Dubai, annual update |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| Presidential Budget Supports USPTO's 5-Year Plan |
by Glen Shapiro, LawAndTax-News.com, New York
Monday, February 08, 2010
Director of the United States Patent and Trademark Office (USPTO) David Kappos
has announced that President Obama is seeking a budget of USD2.32bn in fiscal
year 2011 for the USPTO, enabling it to carry through its 5-year improvement plan.
The five-year plan is designed to enable the USPTO to achieve the strategic
objectives laid out by Kappos and Commerce Secretary Gary Locke, which include
a significant reduction in patent pendency periods and the existing patent inventory
backlog; improvement in patent quality; enhanced intellectual property protection
and enforcement; global IP policy leadership; and investment in information
technology infrastructure.
As of August 2009, the USPTO had a patent application backlog of more than
770,000. Moreover, there are long waiting periods for patent review, and the
office has information technology systems that are regarded as outdated and
an application process in need of modernization.
The USPTO is proposing to achieve 3% annual efficiency gains in patents processing
by changing management processes and intends to carry out a hiring surge to
bring 1,000 patent examiners to the Office annually during fiscal years 2011
and 2012. This effort will target former patent examiners and IP professionals
who will require minimal training and can be productive virtually from the start
of their employment.
“The USPTO’s 2011 budget represents a significant investment in
American innovation,” Locke said. “We must reduce the unacceptably
long time it takes to patent a new idea or technology and improve our enforcement
of intellectual property. Doing so will help create jobs and enhance the long-term
competitiveness of the US economy.”
The President's 2011 budget request projects fee collections of more than USD2bn.
In addition, the administration is proposing an interim fee increase on certain
patent fees which is estimated to generate USD224m.
“The USPTO’s work in fostering innovation and bringing patented
goods and services to market is a crucial driver of job creation and economic
recovery,” said Kappos. “Intellectual property is America’s
competitive advantage in the 21st Century global economy and will play a central
role in our long-term economic growth. We will continue to take steps to make
the USPTO more efficient, and drive to reduce the unacceptably long pendency
periods that hinder the creation of new businesses and new jobs.”
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