Under the Internal Revenue Code (“Code”) Section 162, ordinary and necessary business expenses are deductible, but Code Section 263 disallows a deduction for capital expenditures (“no deduction shall be allowed” for a capital...more
5/19/2021
/ Abbreviated New Drug Application (ANDA) ,
Audits ,
Business Expenses ,
Capital Expenditures ,
Depreciation ,
Food and Drug Administration (FDA) ,
Hatch-Waxman ,
Internal Revenue Code (IRC) ,
IRS ,
Patent Infringement ,
Patent Litigation ,
Patents ,
Pharmaceutical Industry
Tucked within the 5,593-page Consolidated Appropriations Act, 2021 (ACT) are several important intellectual property bills that Congress had been unable to pass separately for years. Below is a summary of the more significant...more
2/11/2021
/ CASE Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
DMCA ,
Food and Drug Administration (FDA) ,
Purple Book ,
The Copyright Act ,
Trademark Modernization Act (TMA) ,
Trademark Registration ,
USPTO