Wealth Transfer Group
The Wealth Transfer Group is a consulting firm that provides estate planning services. They serve only clients with estates worth more than US$10,000,000.
In 2006, the Wealth Transfer Group sued former Aetna CEO John Rowe for infringement of a tax patent.[1] The patent, U.S. patent 6,567,790, entitled "Establishing and managing grantor retained annuity trusts funded by nonqualified stock options", covers WTG's SOGRAT (Stock Option Grantor Retained Annuity Trust) system of minimizing gift tax.[2] The case has been settled for undisclosed terms.[3]
The SOGRAT case is often cited both by those that favor tax patents[4] as well as those that seek to have them banned.[5]
On January 12, 2011, the director of the USPTO initiated a reexamination of US patent 6,567,790.[6] The reexamination serial number is 90/009,868.
See also
References
- ^ Norris Floyd, "Patent Law is Getting Tax Crazy", International Herald Tribune, October 19, 2006
- ^ Nowotarski, Mark, "Tax Strategies?", Insurance IP Bulletin, October 15, 2006
- ^ Herman, Tom, "Patents on Tax-Related Ideas Stir Worry", Wall Street Journal, March 14, 2007
- ^ Gruner, Richard, "Testimony Before the Subcommittee on Select Revenue Measures of the House Committee on Ways and Means" July 13, 2006
- ^ "Tax-Strategy Patents and the Tax Gap", The Tax Advisor, AICPA, May 2007
- ^ Gene Quinn, "Patent Office Orders Reexamination of Tax Related Patent" IPwatchdog, January 20, 2011
External links
 | This United States corporation or company article is a stub. You can help Wikipedia by adding missing information. |
Content Disclaimer
Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.
- The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
- There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
- It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
- Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
- Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.