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Text File  |  1992-07-29  |  906 b   |  25 lines
  1. Newsgroups: comp.patents
  2. Path: sparky!uunet!munnari.oz.au!metro!basser.cs.su.oz.au!news
  3. From: abickel@top.cis.syr.edu (Art Bickel)
  4. Subject: [INFO] HR 11; amorization of intellectual property
  5. Organization: Syracuse University, CIS Dept.
  6. Date: Tue, 28 Jul 1992 12:51:07 GMT
  7. Approved: patents@cs.su.oz.au
  8. Message-ID: <1992Jul29.114952.10735@cs.su.oz.au>
  9. Sender: news@cs.su.oz.au (News)
  10. Lines: 13
  11.  
  12. Earlier this month the House passed HR 11, which is a tax bill that
  13. includes a provision for a uniform 14 year amortization period for
  14. newly acquired intellectual property.  This presumably includes
  15. software, however protected.
  16.  
  17. It would be nice if commercial software generally did have a 14 year
  18. useful life cycle, but most probably doesn't.  Has the software
  19. community had any meaningful input into this legislation?  How do
  20. people feel about having to amortize software over such a long period?
  21.  
  22. A. Bickel
  23.  
  24.  
  25.