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10.27.17

Keltie LLP Advertises Dodging Patent Rules (Software Patents) and Dodging Tax

Posted in Deception, Patents at 3:44 am by Dr. Roy Schestowitz

Keltie Fake News

Summary: A true testament to the sordid state of sites which claim to cover patent matters but are actually false marketing disguised as “news” or “advice”

THERE are many legal firms out there that are hungry/hunting for feuds, threats, and litigation. An industry where companies coexist with one another and avert conflict isn’t one that’s profitable to lawyers.

“An industry where companies coexist with one another and avert conflict isn’t one that’s profitable to lawyers.”Keltie was mentioned here a lot lately, typically in relation to the EPO and the UPC. A month ago it amplified EPO talking points, earlier this year it spread "fake news" about the UPC, and a year ago we also mentioned it in relation to the UPC. On few other occasions we took note of it pushing the UPC agenda.

“How much did they pay for this ‘article’ to be published? They certainly did not get paid for such bogus ‘journalism’.”Yesterday we saw Keltie LLP’s Mark Richardson publishing this advertisement in the form of an ‘article’ titled “Here’s 10 facts about Intellectual Property” (these are not facts).

Putting aside the use of the misleading term “Intellectual Property” (the headline also says “New to IP?”), the article is so focused on shameless self-promotion that it ends up promoting tax loopholes/evasion (we wrote a lot about Patent Boxes) and software patents. Here are just these two examples of false statements that end up inviting business (based on false claims):

8) Software patents

There is a popular misconception that software related inventions (or “computer-implemented inventions”) cannot be patented. Don’t believe the hype! While it is true that there may be additional issues to consider compared to hardware based inventions, whether or not a software based invention is patentable may not be obvious. Our advice would be to check with a patent attorney if you have something, even if it is embodied in software, that is new and solves a problem.

9) Patent Box

Patents might be able to reduce your UK corporation tax liability. In April 2013 the UK government introduced a lower effective corporation tax rate (10% by 2017) on profits attributable to UK or European patents. This is a complex area but a quick assessment (less than an hour) can be made to see if the patent box regime might be beneficial to your company. Contact us for further details.

Yeah; “Contact us for further details.”

“Sadly, this is the sort of garbage that gets picked up by news search.”Because it’s all about them charging by the hour. How much did they pay for this ‘article’ to be published? They certainly did not get paid for such bogus ‘journalism’.

Sadly, this is the sort of garbage that gets picked up by news search. This is why people aren’t getting accurate information about patents, the EPO, the UPC and so on. It’s all just agenda, which happens to revolve around pure greed.

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