Chapter 60 The Patent Registration Trap of the Cheat

"Duke, congratulations on winning this year's automatic robot competition, I didn't expect you to be a genius who can continue to create miracles" Professor Pol was very happy about Duke's victory. On Monday, Professor Pol specifically called Duke out of his office, and he also watched the game live, as an artificial intelligence grandmaster, he saw much more than Suzanne for the outstanding performance of the genius beautiful girl.

"The path-finding algorithm you designed this time, I don't think it is necessary to make it public, although sharing is an important source of our continuous improvement at MIT, but we still have to protect the value of a particularly major breakthrough, I suggest you apply for a patent immediately." Professor Pol said to Duke solemnly. "Maybe you haven't realized that this technology has huge commercial value, and I believe that if it is improved, it can be used in a wide range of fields, such as aerospace robots, some special danger robots, and civilian industries such as automobiles. It is of very high value even militarily. After all, Professor Pol has been immersed in this field for more than 30 years, and his vision is naturally more long-term than that of ordinary people.

"And the algorithm you designed, I will call it the Duchne pathfinding method, should also be a breakthrough achievement for our artificial intelligence academic research, I hope that after you apply for a patent, you can write a paper on intelligent pathfinding algorithm specifically for this algorithm." Although this achievement will not be signed with Professor Pol's name, as a member of the artificial intelligence laboratory, it is obvious that this will also be due to the achievements under the leadership of Professor Pol, which is very helpful to enhance the academic status of the artificial intelligence laboratory in the industry, which is why well-known professors are always eager for young geniuses, and it is also an important reason why Professor Pol called Duke over to explain things.

It's just that Lao Mei has always been relatively clear about the ownership of intellectual property rights, because Professor Boll did not intervene at all in the design of Duke's robot, so Professor Boll did not require the signature of the paper, if it is a domestic research institute, it is basically impossible for such a blockbuster paper not to sign the professor's name.

These two different styles of scientific research systems are an important reason why foreign scientific and technological geniuses are always able to stand out, but domestic geniuses are always suppressed and exploited by professors in the research stage, which is an important reason why domestic professors become more valuable the older they get.

"By the way, in view of your current status as an international student, I personally suggest that when you apply for patent rights, you can consider choosing to register in Europe, so as to protect your interests to the greatest extent. Finally, Professor Pol suddenly remembered something and took out a document and handed it to Duke.

This is a guide to patent application, not only how patents should be written, but also how patents should be registered, and even patent income tax incentives. There are such guidelines that show that AI Labs are really very good at the commercial exploitation of intellectual property. It's no wonder that this laboratory is flowing 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, education and research can be called a milk-blend.

Before reading 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, and even his underwear was wrong. His knowledge is still too shallow, and he is simply a frog at the bottom of a well compared to Professor Pol.

If you register an intellectual property right in the United States, not only will you have to pay taxes immediately when you get the income from the intellectual property, but more importantly, if an international student like Duke wants to remit the royalties earned from the intellectual property rights back to your home country, Uncle Sam will also have to withhold 30% of the tax! Under normal circumstances, more than half of the proceeds would go into the pockets of the federal and state governments, and Duke was really shocked by this regulation at first glance.

Of course, if the income obtained by the holder of the personal column is not large, such as tens of thousands of dollars, there are also many preferential tax policies in the United States. For the legal person registration column, U.S. law also provides that all expenses incurred by patent owners in protecting their inventions are deductible from taxes.

However, these preferential policies are of little use to a major individual inventor like him, because Duke really has no expenses to enjoy this preferential policy for research and development, so if Duke's column is expected to obtain a huge amount of income, the United States is really not light on this income.

According to Professor Pol's industry application, the potential income of Duke's patent will definitely not be too small, according to Duke's previous experience in the productization of speech recognition technology, it can be related to the aerospace and automotive industries, how to say that it is also a potential income of more than 10 million US dollars, if this is the case, choose to register the patent in the United States, Duke will have to bear up to half of the total income of taxes, that is to say, Duke's potential tax loss will be calculated in millions of dollars. This is a bit too cheating.

Duke could never have imagined that such profound knowledge could be hidden behind a small patent.

Compared with the United States, EU member states such as the Netherlands and Luxembourg have provided substantial tax breaks for IP income to attract patent inventors. In these countries, there is a corresponding amount of tax relief for income derived from intellectual property rights.

The Netherlands is one of the first EU countries in Europe to offer tax incentives for royalties, with 60% of royalty income tax-exempt, which translates into an effective tax rate of about 10%.

Luxembourg, a small country, has lower taxes on patent income. Under the country's law, 80 per cent of royalty income derived from intellectual property rights registered after December 31, 2007 is exempt from tax, which translates to an effective tax rate of approximately 5.71 per cent.

In other words, if the registered intellectual property can earn 100 yuan in royalties, if the intellectual property registration is placed in the United States, 30% of the income will be remitted back to China, which is 30 yuan in tax; If you are registered in the Netherlands, you need to pay 10% of the income to China, which is 10 yuan tax; In Luxembourg, you need to pay 5.71% of your income to repatriate your income to China, which is only 5.71 yuan in tax! That's a multiplying gap!

The intellectual property rights between the United States and the European Union countries are mutually recognized and protected, and they are both members of the Paris Convention on the Protection of Intellectual Property Rights. After reading this, Duke let out a sigh of relief, and he couldn't imagine that behind a small patent there were so many traps of cheating, buddy can be regarded as a long insight.

Duke's decisive decision to make Luxembourg his first choice for intellectual property registration is nothing more than the low tax rate on income, which makes patent fanatics like Duke appeal. As for how to do this, Duke doesn't have to worry at all, there are too many patent agencies to choose from on the attached pages of the guide.

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