AICPA supports tax strategy patent amendment added to patent reform bill.

The AICPA supports recent legislation that would make tax planning methods not patentable. On July 18, the House Judiciary Committee voted to include such a provision in H.R. 1908, Patent Reform Act of 2007. It would not include tax preparation software or other tools used solely to perform or model mathematical calculations or prepare tax or information returns.

The House Judiciary Committee voted the bill out of committee, so it will proceed for consideration on the House floor. A...