The Pro Codes Act would allow for portions of the law to be copyrighted. This is bad and should be opposed.
SDOs like the Financial Accounting Standards Board (FASB) play a critical role in crafting standards, such as GAAP, which are frequently incorporated into statutory and regulatory frameworks.
The Act seeks to allow SDOs to retain copyright over their standards. This would create a major access to justice issue.
#lawfedi #taxfedi #tax @law @eff @CenDemTech
https://www.forbes.com/sites/andrewleahey/2024/07/26/a-threat-to-justice-the-pro-codes-act-would-copyright-the-law/
SDOs like the Financial Accounting Standards Board (FASB) play a critical role in crafting standards, such as GAAP, which are frequently incorporated into statutory and regulatory frameworks.
The Act seeks to allow SDOs to retain copyright over their standards. This would create a major access to justice issue.
#lawfedi #taxfedi #tax @law @eff @CenDemTech
https://www.forbes.com/sites/andrewleahey/2024/07/26/a-threat-to-justice-the-pro-codes-act-would-copyright-the-law/
A Threat To Justice—The Pro Codes Act Would Copyright The Law
The proposed Pro Codes Act has sparked debate. In tax circles the discussion has centered particularly around its implications for tax policy and legal accessibility.Andrew Leahey (Forbes)
