M•CAM, Inc. releases Patently Obvious™ on the Intellectual Property of Rockwell Collins and the Proposed Permanent R&E Tax Credi
M•CAM, Inc. released its Patently Obvious™ report today on the patent holdings of Rockwell Collins and the proposed permanent R&E Tax Credit Extension. On September 7, 2010, President Barack Obama addressed the nation with his plan to create jobs via a $350 billion plan, part of which included a $100 billion permanent extension of the federal tax credit for businesses’ research and development costs.
CHARLOTTESVILLE, VA - September 10, 2010 - M•CAM, Inc. released its Patently Obvious™ report today on the patent holdings of Rockwell Collins and the proposed permanent R&E Tax Credit Extension. On September 7, 2010, President Barack Obama addressed the nation with his plan to create jobs via a $350 billion plan, part of which included a $100 billion permanent extension of the federal tax credit for businesses’ research and development costs.
Large corporations are often the prime beneficiaries of this tax credit, rather than smaller companies that actually create far more jobs. One such large corporation that has aggressively supported and used the R&E Credit is Rockwell Collins, an aerospace and electronic communication technology provider. For all of Rockwell's advocacy supporting the credit, neither the IRS nor any other part of the Federal Government can verify that Rockwell Collins has not taken a Research and Experimentation tax credit based on innovations founded on abandoned, Government-owned or client-sponsored public domain innovation which would constitute a violation of the Internal Revenue Code.
M•CAM's Patently Obvious™ is a weekly report providing visibility into potentially unconsidered alternatives, including art in the public domain, to patent holdings across a variety of technology areas.
M•CAM, Inc. is a global, full-service intellectual property and rights (IP&R) and intangible asset financial services firm. We provide the technical and financial systems that allow public and private markets to use IP&R and IA for regulated transactions in banking, securities, insurance, and public innovation investment and technology procurement. From our pioneering work in creating the world's first standards-based innovation collateralization financial products for banking and securities to our work in grassroots innovator enablement and patent quality assurance programs, M•CAM provides the mechanism to balance the interests of public and commercial sectors to support and build thriving economies.
The M•CAM Patently Obvious™ report on Rockwell Collins and the Proposed Permanent R&E Tax Credit Extension can be found here: http://patentlyobvious.m-cam.com
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