Chance the Rapper, John Mayer and SZA are expected to perform at the "Mac Miller: A Celebration of Life" concert Wednesday at the Greek Theater in Los Angeles. The benefit concert will launch the Mac Miller Circles Fund in honor of the hip-hop star. … [Read more...] about Mac Miller Benefit to Raise Funds for Arts Education; Feature Star-Studded Lineup
This is not the same as the AIA provisions that allow a publication by the first inventor to avoid the prior art effect of a second publication of the invention, made by a third-party, so long as the first inventor files anywhere within a year of his/her publication. … [Read more...] about Canada’s ‘’Sister” Prior Art Law Differs From Ours, Eh!
There is nothing particularly surprising in the recent Fed. Cir. decision of Innovation Toys v. MGA Entertainment, App. No. 2010-1290 (Fed. Cir. March 21, 2011), which reversed a District Court finding of unobviousness, except that the District Court had erroneously found that a key piece of prior art – an 80’s electronic chess-type laser game, was nonanalogous art to the patent-in-suit on a 3-dimensional laser-target board game. Nonanalogous art decisions are rare, so this is an opportunity to revisit what is, after all, an important part of the Graham v. Deere test for obviousness. Graham v Deere requires that the differences between the claimed invention and the relevant art be considered in resolving obviousness. The key word here is “relevant art,” and how far afield examiners and courts can travel to find it. … [Read more...] about Innovation Toys And Analogous Art – Defender Against Hindsight?
The Impact of Taxation on Non-U.S. Resident CollectorsNon-U.S. resident1 collectors should know, for example, that if they leave their art collections in their Miami condominium or at another U.S. location, without any further planning, the full market value of all such artwork (along with the condo, unless that has been planned for separately) is thereby exposed to U.S. estate tax at the time of the collector’s death (under current law, a federal estate tax rate of 40% would apply). It is relatively simple to plan around this potential tax liability with proper guidance from an international tax professional who is familiar with these issues. Similarly, a gift of art that is physically located in the U.S. at the time the gift is made by a nonresident can trigger U.S. federal gift tax at a 40 percent rate. This tax also is relatively simple to plan around with basic planning. … [Read more...] about Art Basel: Tax Ramifications for American and International Art Collectors
Under S.B. 266, an admission charge triggers the tax. “Admission charge” is defined as the “total amount, expressed in terms of money, of consideration paid for the night or privilege to enter or have access to a facility where live entertainment is provided.” An admission charge will now include “a membership fee and a service charge, or any other fee or charge that is required to be paid in exchange for admission to a facility where live entertainment is provided.” However, an admission charge will not include the value of complimentary admission or the right to enter or access a particular portion within a facility (for example, a private cabana at a pool). … [Read more...] about Nevada Senate Bill 266 Amends the Tax Imposed on Live Entertainment Pursuant to NRS Chapter 368A