Tax Loopholes No Longer Patentable

Knowzy writes "A section of the America Invents Act disallows issuing a patent 'on a strategy for reducing, avoiding or postponing taxes,' according to Forbes. The article describes one such strategy in some detail. The USTPO has already issued 161 of these 'business method type' patents. 167 more were pending. The law only applies to future patent applications, leaving enforcement of existing patents an issue for the courts to decide."

Comments

The fact that tax loopholes were patentable

[mehrotra.akash]

The fact that tax loopholes were patentable is disturbing in itself..