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New On The Lowtax Network Today
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below. |
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| TODAY 12/03: Lowtax
Costa Rica, annual update |
| 11/03 Estonia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 10/03 Lowtax
Labuan, annual update |
| 09/03 Word
Search Puzzle, on Lowtax |
| 08/03 Jobs
For All,
Jeremy Hetherington-Gore blog |
| 05/03 Belgium
Summary PBTG Guide,
added to Personal Business Tax Guide |
| 04/03 New
Lowtax Editor Column,
by Kitty Miv |
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. |
| 02/03 Personal
Equity Investment In 2010: Not Just For Expats…, Investors Offshore special feature
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| 24/02 Lowtax
Cyprus, annual update
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| 22/02 Lowtax
Brunei, annual update
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| 17/02 Dubai
- A Stately Business Dome Decreed, Investors Offshore special feature
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| 15/02 Lowtax
Australia,
major content expansion
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| 27/01 Lowtax
Germany, major content expansion
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| Lowtax Network Sites |
| Lowtax 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. |
| 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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