Congress and Tech Issues You Should be Aware of
Whether yours is a technology business or you just use tech in your business, technology is crucial to running most businesses today. If we were suddenly to have our technology disrupted or suspended, most businesses would come to a screeching standstill.
PCWorld has an excellent rundown of how the U.S. Congress acted on key technology issues. Among the highlights:
- Congress extended the moratorium on Internet taxes (a good thing). Of course, taxation is a tricky area. Your company may still be subject to taxes on certain transactions, so be sure to take your cue from your tax advisor.
- Patent reform did not happen (a bad thing). To date it’s mostly been large corporations that have gotten hit by claims from patent trolls, i.e., those who file broad patents purely for the purpose of suing. However, small businesses are starting to get ensnared and of course we all suffer when unnecessary litigation raises costs of doing business.
If you want to know more about how technology issues fared in Congress in 2007, read: Congress Cools on Tech Issues in 2007.
