Chapter 60 The pitfalls of patent registration traps
"Duke, congratulations on winning this automatic robot competition. I didn't expect you to be a genius who can continue to create miracles." Professor Boer was very happy about Duke's victory. On Monday, Professor Boer called Duke in his office and he also watched the competition on the spot. As a master of artificial intelligence, he saw much more things than Susanna's outstanding performance of the genius beauty.
"I don't think the path-seeking algorithm you designed this time is necessary to be made public directly. Although sharing is an important source of our mit's continuous improvement, we still have to protect its value for a particularly important breakthrough. I suggest you apply for a patent immediately." Professor Boer said to Duke seriously. "Maybe you haven't realized that this technology has huge commercial value. I believe that if it is improved and perfected, it can be used in a wide range of fields, such as aerospace robots, some special dangerous robots and automobiles, and even has very high value in military terms." After all, Professor Boer has been immersed in this field for more than 30 years, and his vision is naturally longer than that of ordinary people.
"The algorithm you designed, I will call Du's pathfinder method, should be a breakthrough in our academic research on artificial intelligence. I hope that after applying for a patent, you can write a paper on intelligent pathfinder algorithm specifically for this algorithm." Although this result will not be signed by Professor Boer, as a member of the Artificial Intelligence Laboratory, it is obviously also attributed to the achievements under the leadership of Professor Boer, which is very helpful in enhancing the academic status of the artificial intelligence laboratory in the industry. This is why well-known professors always like young geniuses, and it is also an important reason why Professor Boer called Duke over to explain things. He has no profits and no early gains. There are too few Lei Feng in today's society.
However, the United States has always been clear about the ownership of intellectual property rights. Since Professor Boer did not interfere in Duke's robot design this time, Professor Boer did not require a signature on the paper. If he was in a domestic research institute, it would be basically impossible to not sign the professor's name with such a big paper.
These two different styles of scientific research systems are the important reason why foreign scientific geniuses can always stand out, but domestic geniuses are always suppressed and exploited by professors during the research stage, which is an important reason why domestic professors become more valuable as they grow older.
"By the way, given your current status as an international student, I personally recommend that you consider registering in Europe when applying for a patent right, so as to maximize your interests. Here is a document related to patent registration, you can refer to it before making a choice." Finally, Professor Boer suddenly remembered something and took out a document and handed it to Duke.
This is a patent application guide. It not only provides a guide to how patents should be written, but also a guide to how patents should be registered, and even a patent income tax preferential planning. After a little consideration, Duke will be afraid that it will be more than 20 pages. There is such a guide that artificial intelligence laboratory is indeed very good at commercial development of intellectual property rights. No wonder this laboratory has oil in MIT, but I don’t know if this is a common phenomenon at MIT. If this is the case, then MIT’s combination of industry, academia and research can be called a blend of water and milk.
Before seeing this application guide, Duke thought that the United States was a paradise for intellectual property protection, but after reading this detailed guide, Duke realized that he was wrong, even his underwear was wrong. His knowledge was still too shallow, and compared with Professor Boer, he was simply a frog in the well.
If you register intellectual property in the United States, you will not only have to pay taxes immediately when you obtain the proceeds of intellectual property, but more importantly, if international students like Duke want to remit the patent royalties obtained from intellectual property and return to their own country, Uncle Sam will also withhold 30% of the tax! That is, under normal circumstances, after such trouble, more than half of the income will fall into the pockets of the federal and state governments. Duke was shocked at first glance.
Of course, if the individual column holders obtain little profit, such as income of tens of thousands of dollars, there are also many preferential policies for taxation in the United States. For corporate legal person registration columns, US law also stipulates that all expenses spent by patent owners in the process of protecting their inventions can be deducted from taxes.
However, these preferential policies are of no use for a major inventor like him, because Duke really has no expenses to enjoy this preferential policy when developing this thing. In this way, if Duke's column expects to obtain huge income, the United States will be very taxed on this income.
According to Professor Boer's industry application, it is estimated that the potential income of Duke's patent will definitely not be too small. According to Duke's previous experience in productizing voice recognition technology, being able to be related to the aerospace and automotive industry is a potential income of more than tens of millions of dollars. If this is the case, if you choose to register the patent in the United States, Duke will have to bear taxes of up to half of the total income, which means that Duke's potential tax losses will be calculated in millions of dollars. This is really a bit too scam.
Duke had never imagined that there was such profound knowledge behind a small patent.
Compared with the United States, EU member states such as the Netherlands and Luxembourg provide substantial tax reductions and exemptions for intellectual property income to attract patent inventors. In these countries, tax reductions and exemptions can be obtained accordingly for the income obtained through intellectual property rights.
The Netherlands is one of the earliest EU countries in Europe to provide patent royalty tax incentives. 60% of patent royalty income can be tax-free, and the effective tax rate converted is about 10%.
The tax on patent income in Luxembourg, a small country, is even lower. According to the country's laws, 80% of the patent royalty income generated by intellectual property registered after December 31, 2007 can be tax-free, and the effective tax rate converted is about 5.71%.
In other words, if the registered intellectual property can earn a patent royalty of 100 yuan, and if the intellectual property is registered in the United States, 30% of the income is remitted to China, which is a tax of 30 yuan; if the registered in the Netherlands, 10% of the income is remitted to China, which is a tax of 10 yuan; if the registered in Luxembourg, 5.71% of the income is remitted to China, which is only a tax of 5.71 yuan! This is a few times the gap!
The intellectual property rights between the United States and the European Union countries are mutually recognized and protected. They are all about the member states of the Paris Convention on the Protection of Intellectual Property. If they are placed in European countries and placed in the United States, they will not affect the protection of patents at all. After reading these, Duke breathed a sigh of relief. Unexpectedly, there are so many pitfalls behind a small patent, so my buddy has gained some knowledge.
Duke decisively decided to use Luxembourg as his preferred place for intellectual property registration. For nothing else, just for the low income tax rate, patent craziers like Duke are tempted. As for how to operate it, Duke doesn't have to worry at all. There are too many patent agencies to choose from on the attached page of the guide.
Chapter completed!