%PDF-1.5 % 1 0 obj<> endobj 2 0 obj<> endobj 3 0 obj<> endobj 4 0 obj<>stream endstream endobj xref 0 5 0000000000 65535 f 0000000016 00000 n 0000000075 00000 n 0000000120 00000 n 0000000210 00000 n trailer <]>> startxref 3379 %%EOF 1 0 obj<> endobj 2 0 obj<> endobj 3 0 obj<> endobj 5 0 obj null endobj 6 0 obj<>/Font<>/ProcSet[/PDF/Text]/ExtGState<>>>>> endobj 7 0 obj<>/Font<>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 8 0 obj<> endobj 9 0 obj<> endobj 10 0 obj<> endobj 11 0 obj<>stream HTyPyNҝ!bq:WCAE9A@C]¡ cWqqE@EPQEE \1rxZXS[[ϫ0D]ZVF蛑6M8%Mp 9Zd/ސ8Vj桯t=3?w+þ8eu_ S;jzuZZ>;E'&Kԧ3RA:ީKfQ2SRR~ {Ӈb*p8 0%yc T bXec ۂc;1]s`|X0Q+w¥­fQhA$2,'HԒh yJ'9-7[kvd<IYhqbX$[-+efRnӲo\"o_Rbje*zKEt4 m& &;O.S(UT)L6 W666?d[ 0CWT)kZ_Si)@fdX!!+? O .?U*9ssMH Mܴ^Ê~Sn_K}&4|&['Iff)[QA b C4QCcBC <4҆9 BH/ BRjDAhrFF *Ȅ@ ^| %( *Yy~ \ v|GN K-4z# %E/HU-JƾE!\'ts:q._ȝd$l_HjBvZ&ٻ뉁7;oǺF1#|N˹ȁ! O]U9SxI9g+w)]T U 2 D-$VCU݉+י.=b*ZK$LKfo][{IIzM&浚ݫA|AŠ6p!8';ȀD\ZǴ2x!Wh| `96#:M*;O VkT ۲JCf3E:Y< w]w+kIn+Tcg/H`_%L QΞQ$( 뒗aX2\XBҎV31>Rp&VuxL~3;-ԗ.7bzDyk?b`w?O6^`@nGdd5m&\l}/4*+ y3霡PMS(q "qa@pPZE (HP[E#, k2c.S͙|֭^3?RܪeVnTgRgfx]8lvw-RRFҹ~GkJò'&B_/0_̉Ȍ=&BBAjIܼ9']KRcs=P$8Y~| ؠJ_m=yy9) dܲ q"/0n[œ~82Y\Fp8mLltRlR!Aw쥼GklI=h五TaaQK'J2Y#0 Ý/0ȫӺ}4CCO-|I'z#moX QWGQ{SByt0WVZvPT4&"D>C_ :jRszH,mP>XomUʆ~e[[-~<挪Xyu4$ϥ(qc6;N]n7i;k5͙o, 2`Y @ASa`W,ʟuI }$}hm?DOn&{Xe#zj >5qnyz=aQJ.pȀ#@cqU/Val,G;B#RG=%*Yb'MPdzFda+8rr݂:sru |kQNql@Un]5]n!_T:h|Q9@02wЅx/M7IĊ?O!?ɘH` aC2 ꨀ='#ťɥ|sk^5Jz%oFl5a2!Sb),rFG$b|&ojBfj=Is#vL$ݬ0(%i`aydX^GThbJ?U.c&)Gsɰ18Z,` ]OGO0@3#8}n苛S.ftMb{8xP"h}Z%ߊ8CĜ.3IZ`x$YvP sdنJQ\mAxezx o8{YYdo.´Za)!.Zw^ ~3`jpvgU}<̻B՟킩/2m:QE f_mD{'_=nR W>%9Y޴5qAYS cT;MX =lR&m1˚;͂0IB$&WMNPGE aǶIso~VЩ*|s{xGYY۠2!0t`ִ]@;T=%W?KgɎ(cq.|XHLV3ޡzRwݵpoxF,|'B( v`C%6X@&N#ꨃ2iU6 a͹+]up#lo;gk+ڌ*J,rN̅EoK f> hzG~UHtW+Ieqfܩ&y1Zn{dR3-:Q"ulD{dY؈ XbhF'W=`e f=D%#RY&R[܀,$v皑6RAHH_կ#?F&ėHlڨFd[; {.l6vU#X ]V!M"ԧL?Xr%l5O{)bߘ3MVk?lo~4 Ia%{PIP(qa>&m9m8#aђR O]t2| {"XuO7dw 6injg[Us;,;8Fpa73/Roa3f@KRVnŒ7qm~NyUnѯ:3)% uΨfZjܮV*7FC Oq"! TBE!fb$6 n'e,\.RrpS^QdmEseӨH>v+;Mi- zd:ljeIᗸYң4 ;gx;{ΛK;g8xea:> wsOjAYե/'Ԋ6iU25W+]-4 r'b;؁=(T1WЄu>,j]J)C70#U :)a)Ux4&ΥdѠAw#lHCOJ353Z咔Lz>H"nğHpY(Љ9ͯџ;ID.|Hsb?i -W;H؈ɟ@,$/yW#d 0db'Zv ( k!~p'!qr<~>o FB7LjJ^~*&8[^!gj ׸ںWKq^ $^&$\{x 7' Ӑ; B,/3'C#X,P<~>6^L*fKa/e99U>θC0I 3$PPho]DX-{ jg<|}rY@CWŏs`ї0ots!z,K7o/*{9(']>|=@xcfXX6v Ҡ@"$?'9Ӷێ\FX̼D]$KUrHriyZ*SVCƼtq  =7D BBnGk Y|VCgHe|&D |&l[~띭bͦ[L``6 Yʓ.ss+f1%aOofI8 xi] c4+6?ԁMBҫ^7iuFirlwrstkzR`4ۋ_pۋVpW9 @K endstream endobj 12 0 obj<>stream H|j0EYb1A IJt/KcW$,/d7M4gw]t[tI%,z^*Ef mt8ԪP$Na~L]Rj-V:}dZzX}dTR*ؑdw`tYL  {2K+(ۼTosEޤeϞ"d3(YFATx&` endstream endobj 13 0 obj<> endobj 14 0 obj<> endobj 15 0 obj<> endobj 16 0 obj<> endobj 17 0 obj<> endobj 18 0 obj<> endobj 19 0 obj<> endobj 20 0 obj<>stream HlAoH FslQ,,Il9tشf8F6H=?ψ#)s?խ?(WOS:Gq<&W7.u1>[ˏ?^0W˗/{3a4?__]̧֭ɽTR2^>2L25a,ZCqj79:/)ʸΣzu^p%c]Cg Y(iKJ{N,_.sYiuNZƗ?ğ endstream endobj 21 0 obj<> endobj 22 0 obj[/Separation/PANTONE#20485#20U 24 0 R 23 0 R] endobj 23 0 obj<>stream HYTLa`Ϟ{9%$!%" "bTIi)iGY,w,w7B% J"(P B, Yd쐶A@A@B mH!e$ Dnp%Nh%3"40dTJ蚄 ~U,jDQGTϋ9Q5+*gD崸>-Mk¿/a2! Ҙ4*,!ags7~姝{n~~wp۹_/D7ƍ}Zvib?CP#;X* f|{aZ~Mw.9|IwT/k =ms%h}Z \h( eCQPx_dW]{].Voc{gQԫ[\:Φ^dSϳȪL*|N>M'+oi4 :(xB^ȁ qplwWoۧ޺Wejjjv`"& endstream endobj 24 0 obj[/CalRGB<>] endobj 25 0 obj[/CalRGB<>] endobj 26 0 obj<>stream HWr:.2oNE̓$ļmnWvVRe[ege.[$܀IbԿ{v`G XC߽RRe*,]Um[]"d x1`=j\'fC lƾ>vŶjsVWE[3ܱ*ŕǙ_MT:s8DX=6Ŷ/e-\us^)Q^(DY3}g߄v suݔu8-0)-B&ls"ı( Njv,Kl*"#1=:@4h{e]ɮfrJ[R&\WkbKϮQ Mߥ"`9u-Vڌ>{?eUg]CJsg4o|2[*Ų,=/o/KV97m@fΣ kYCrD YxhM:6;\"e8M˷%B*%R= *{8[!2} 2,Le|АYϱ_̝X)Nc2D dUSZB&6ql@2#|rjv6$Zױ? iA^IdG1xh޴u8 )ziϏWIR ^({^#GEA<: wV{_$lrJ\.)0RdM? hk X:}i$YU bJd݂n'TEe{"ʦX 4UPrytb^m>Z5}1ǶBy6=WJLmqe*(,?&GAу6(S51A1^=E~eaZW/_oL'&9:n jWTj.`ݔ78uǦMG~Â$B]Kn%{?*'X5yb@6tntRLٳꦔHo3n< X$ Wn羇f#tD퉓eUΟcFOTt N+k pX&ygƒ$$8sbnvO>@<g[MIue'&fi ~3"ѓc$i4`vmQz:e0}E;/Q[S}FX-qGc{#oюJԪW$ˎ$gx:\hnЩ^F,a#=Td>77ZVp;޺[9A0RQZh׿XVdߖrI8|y;Ubq7Wsߎ8zрoKwC[ŹN}zOU4eٿ/bX|!r pFl#=)BLTiך~D\<y~ZN*sc[h7Mvb&"!./f7Yl!8"ҋd1C{/):yKnG]O8-P(vo 'F jdU8-* `@dSȣۢ}˜bQU0$dK]š;dPcARLXݹns T\Q8 j1ETz<5]`:ܧ4-ALd+hzҘmD$~[z*M1i81,28zkmY&{ Y$nJQM}}{'@ћus9*l~E%8_AL,&I7aHoP `;\Υ*/Vq0 .ثwn%r$Ovm+ Yv4U#- 4(T6]_ к!*Q#qNq,38\"P mzQВsV<ƌr'䏏P+GQz!3LrUOu˿a'{zqXwCPp^"SNxSmqάu!iz1% q}$3kjrY_]? LeB)b2u=>4&{x->4`9#2[SQ$j᜷ )7 fzլ1HsEi:f Cchkȋ1W`Of%PbQgE$Rȍ3n_3mC@V u}J˅~Ҷ%(5$O*~>p #1v #=̈I[NJB$,]j30nwJgFgágOyy$YoIun5ήTyQXS1PqƲ:IGF$)4so}CDnV"T aA/ 64'3Nnѷ<#XRS[fҠAxYr%P tBg-$~f.!R8¥{g߅˕GlR|)rq8i\OE3MT`W^Gȇu]d JR:JI4md7^s:b?bCߠ*U(%`d'AEluӉslmH4ZߋLR\G~5i|w&dzENzTn=[IfdO6~aRYЩaYE7NwVmˇ1aFR߶%1 x= ẃ6hVz"^e}^x?˭lX!>qaE wfo-M"S\; K9dO(1.Jal!lNrtСס ̃w'ٴMOQimg ^-(>wƵy Of.!3wX\VRro6^zN0|u#yXؼ*E}pߺEFX 3y#9S?7w5Q@K>En\ėc2Q npM<$=V'S~E3 r# ƻ'ڻv ڂ+Ic'҈9Kjk(T:Kvl5Y LwEAi5ZLVs./ZDMdIeav>9i0Vpg2GB=C"?Mygql#ٹ݅"CR?vwk>Y_E?TY/XS -IN~2$YGT@G@io4F1b&[\^:4P W? $^AXz+i~/' !ueG- endstream endobj 27 0 obj<>/Font<>/ProcSet[/PDF/Text]/ExtGState<>>>>> endobj 28 0 obj<>/Font<>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 29 0 obj<>stream HWɒ8C&).oюqK>TIhTˎ7UafF?'!),B61aLlYNfE;}l6x {<ÿNSH$%20H6YD:PnK2绐fX2m>m/oe)sۈ#-}8J֖f۟p.8H1;~L4|)-1!p1_O A\.(㣟w8tw'~2HB+XR1IqEeA([Uܵ_di %I_b;U/dKvar"RLAGf e: O]`6HssUZ.qBqZ7 jWQkaml޽h*B1I`;g>u@lĮOVS<[T%~T)>ZN#Xe)+GsT +I~l07G|Txb5PZ|KƨZx]I{GI6WB8n|9'ݛR9pObb'k [公̏.Ao.jBbe^lΕPE%oܑB9\q(4;cŠ' > GJn`~ﺀltÈW}wEyGaQ_PMNJmX1Miz ]z;IoPos ua<1:]/Pea蘋e BMnE{|?IJL} fpohwC͙8zupGDkh!WS،S" rX-ZS|7''YR=z2ă$`ch3™:0[DH:j*)L 3;Ʌ+q4/zG{^쑶3ēNwer{ʥS5̹k% )[K\uq?EBɒqnm%V; V~T'HY:|E/]3 cޕ9Vn>cz]ylѴÍ,j8 d[`:o׃]RΌvDY^:CD{`S ssir@xi>F6gfGU%Q>NN 3k8wY!vQ ZW*pI9< [u AХ93B쐐Ojf.o C. s}Xcz?j(4w)bs8v]{ p+R%0wRn; \D(Mv,U7&-&Y 2t@ $Zp6pUeWV_d_wﳈÐEˁx6*.=wx:+¦?J 🳡<9v;Pr4P{V,m3x>[ L.. 3 nFTxz1uEhtT$=DS[wB4 \BTǔ7(M<µ4Sv,x*xygXJ~wc+iSR!M79teS8< y_OOOwdž{>a Gl.66,br|!&R7cYAzxҖP[޾ڠIF2uA:ubU ˨Q4#Q+.WnL+T=JHR@'jjT[YaC7CNOa%YVwu*4C]M9 2%Gi<LIT}G]N57GQ@pZn 2"5oO`xC58A~r`]̋ e7~ډ*z:eiR=ډ8GX@40krݔr+U=e'X7  Ɔ~Ӿ~jcܽΧ9PHj9 JPzhFr34+hMȫ VYJ& 8יp&[g$]egU[< Ւ0 DO;dRbӒHi,AEIofgN s(fbwdF$Mi$yI(ᆲc\Pr];͆*P͗iZ$RϞ._+@DHWUґ -$=i ְQK*Ayq/oÍo Ͻvi$B6ؿQ5yT5WeDl2yDy(2l5-JD)_INX yH!3AQ=Q&o\ǔ @E Bs@h&T?Otap嵏t| @& z6W_Oq,TgӉcUID4 g穘-C3\rI])J<^W G endstream endobj 30 0 obj 2923 endobj 31 0 obj<>stream HWnH|WBX I"-q k$XȖ1֨Iگ:}!%3Yh<:u-" ˢ-"c1ºXEocyuwRr1f>NޮgѿCv0 c.l}+lYrc)gIi,ZQ0^4(7֢gD+ݬu%A&dp]柆N44gaw1=vh)JuzfGk.Li,]@Wt}3;fF0xTnQ:W[3LB 85e?b`fjQa\ˣ#bjЬ`#^͠e'rEŴjS[ׂJtrq_ߪF[ƻʼW=Eb6HNX/ʺSIx-yǐU9ժ?d<<z=}{YJʮyoFFG4G.d|JEDCq62pMT6Y C?z^>z}k+=4@IeL>W@:c̗qa8J-qIT@Ou5!o"|*T/[u`hr_s8{&A[fietHusG1+7Eq]MjВ渾I@sx(&?[ܔ(^K7F#E [7CGธN!&;ee4 7Gi[jվFQ0bA/#vi[+ V*q[20HVy^L@[yTʞlh" vj ^e") Z,Mg6tt ^0T|&qQDc2c.҄~@8Ġ+d~*ZVi`'g]$Sኳ o"2Ŵur+A=k׃-T v%o'1cNO}7E8bޔ=Iy;7Rٳȍ[.jFߠp, -q$v\\DW 6v#) ?_]܃ gͿh¤K]f)R]g2cYY~ہc[Mۆ8Air@@4bs x5RMs+w. mA؜ QM%To oŁQv:,# 5]zt W?&^!['Y!=Z7D:r™W]? -[|[S*&睥DW]zvRq#ەWgԫ +ֆ=@ШR/y J=Vr6L9Cn~11" ,묍9)jg̺IV`,iPnՃ@Qni. p \ph>= a?_nbJII,%?ؔ.+g;ͥo7SmN¿j*|f0lyfcH/c嫋,vAa 1ĕ+}{zIm `&R1H$j#a7n<& -k>:xR;14FX$v Krff3wXьƋI_r5Zuђن;sSx *} +Qulnٻ}V]P;;Ȧ}VQn{{fjN(__9q,e80ރ.ՁEe(}Fz11!ha<4~K4О^":D ڥ3YJ03 BNn{ AG*35?;evxNo+8\Qj>-9:~%IKAWV;gjᨄӃv;,*f5䯘&qgoĒ#QC%^ KD,CE+O̪(48nD2!nOjuYhV˫ I/a ۊ#Nz8tjՁc9{21ݸԼhRx4 ;_U E4WW$$~`eZ)R37 k#ul`) +'i;Dg䲥` K( "_+ 'bA{py)3(G95jGp,:%>stream HWr:|WNE 8ٳvSv󐤶 mo^$KIΖ˒c6wY,r6ӈ3f?f>4IzmKPw/g_\qo6q!NȡBܳ}⌟¦"5QQʮI]WG,i< ϐbju&8}ACm(Eq}'~`XBEX <ʶXsqmy!=h|kjZ,WQ`f^Y2t Գerm(x楬t2_fiN2ϱӂ]e)u% }x{UWHZK=2?Fzv]|޴[ʱMG}ZV$ BAVӿnLWoQH*' v@)`y:&NA4L*&=OR᐀);$i ɟw {%qXbGxU@DzvVh;a>ubeuLB7)pRm?+ ΃Bѵi3%ll735UfrfONmߋI!{+ JT5B56{ -58Րպ@ԽV$-S 1A14<~pSkŨ{ ,,SOFe#B &|N'zZEvp sb'໣~q-(7z,  `x:O487YTQcm<#;R0^p#wFGt/7V5G _BĎ#8auUhx9gEBޏ[/Τ+L mC‚4]Itʗ ,m|3ͧS9y[kG0<w 34W)3j Qk z&ĺ/ɰ9 +Ȧc{HSr{Eۙm7$~}aHfvD橒kalVfc1wYUլ (1gzuvn PlW4u @61橝D`2xh }-~dmZs|Q.{ւy^w\|zv!!K V[A@O\Mi2E1K."qS{IaKj; N`N`n3GӮbvJEg&ڶV;BwNoy!kx3bi[{VuCuص{Պ2i#;I2i;]9܌YҲz[ ~NxU3QP~,9B UOHwg7z@Mڡ3E1%&::`D[$%`3Jjy!͆a;+6"u޺SZ1r=`ݸ0OVCh&AjJ lZb6 0-uzxűkרdnJ 9ct@o̚.jzfֆF%nxt'ɾ\`'r>gִZV낉?FX򐳦LNy뷅8/hv^\F ptԖ/dxWC{bX5Ї\pXgd5:==v+;<\ԉ:2(-oBL,$7 OطC' \.o3dsܷ͋lt}%z.wP/%|G~*]Cm&h%[m@Y. d σ+v3깉Ei(i07% ;d{1[ ȼ[NIPA]8fQn; [HrŁkwZ:yp_qtǴV}2b⧧hL2XDh&f=U#?~tM3lyjnj-+M^&Q*Š䦂_ِlmQCN2u7ztĿ<5W.>OM}];.gziC}1!=A{_4}1HG!a?oyC1`5p+i='F̗ˎFE .`ߒ0;@E$d %Rc>dRϭnvV7=?fOl.%IUKGFu/њSKLP?I$%#^]@ȉG|2u9Lt W5L?rd t`:].Y^{OXY0^Ϊvh 's(sq /"cCSOK 4 "En%ƿA<ĊCAeyNny^->~2U U͕g\jA>!mɉbK>qH I}VçL$k1-qQ_ҺO  .vo4#Ns?~K7Z?&Ar<˹[~^`>fx^4ʑDe1F/pqP uĘAL)q--u!G8{k;5K*yRs|7YNJGq[=LЕ'kAo-U{d=ɏ:ɤX*L]p'i?߸6MY6YV:Tys_?AFԏI Q zniN}L q(_|0tb7XT zIO:! D ƙO) Jk*rHy[s*oEss E:u]֥"QsG-75gm`<5X `Ͻ@R.u: gkvDUs_4:pdw>stream endstream endobj xref 1 3 0000003631 00000 n 0000003703 00000 n 0000003790 00000 n 5 30 0000003928 00000 n 0000003948 00000 n 0000004232 00000 n 0000004401 00000 n 0000004464 00000 n 0000005241 00000 n 0000005875 00000 n 0000012415 00000 n 0000012754 00000 n 0000013508 00000 n 0000013689 00000 n 0000014505 00000 n 0000014695 00000 n 0000015513 00000 n 0000015702 00000 n 0000016581 00000 n 0000017526 00000 n 0000018376 00000 n 0000018437 00000 n 0000019336 00000 n 0000019495 00000 n 0000019654 00000 n 0000024531 00000 n 0000024804 00000 n 0000024964 00000 n 0000028020 00000 n 0000028041 00000 n 0000031036 00000 n 0000031057 00000 n 0000035823 00000 n trailer <<83d367ea87d5954bbed2b0f2912dc4dd>]/Prev 3379 >> startxref 38993 %%EOF Intangibles are no longer undetectable, the taxman says - IAM - Informing IP value
Features

Intangibles are no longer undetectable, the taxman says

Donating valuable IP to non-profit research institutions seems to create a virtuous circle: businesses shed some of the cost of maintaining their IP portfolio, and the potential benefits of new technologies can still reach society. But in the US, the IRS is suspicious that the substantial tax breaks available from such generosity are being abused, and it has vowed to tackle the issue head on. By Adrian Preston

Want to read more?

Register to access two of our subscriber-only articles per month

Subscribe for unlimited access to articles, in-depth analysis and research from the IAM experts

Already registered? Log in

What our customers are saying

IAM magazine is, in my opinion, the premier magazine in the space of managing intellectual assets for value creation. It brings a fresh, business-driven perspective, rather than a purely legal perspective, on this issue. I would highly recommend it to anyone dealing with how to manage and drive value from intellectual assets.

David A VandenEinde
Assistant vice president and intellectual asset management leader
Cargill Inc

Benefits

Subscribe to receive access to the full range of premium business intelligence, insights and analysis, as well as our IP directories, guides and daily news.

Why subscribe?

Close

Register for more free content

  • Read more IAM blogs and articles
  • Receive the editor's weekly review by email
Register now  
Issue 91
;