The research and experimentation tax credit
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The research and experimentation tax credit

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Published by Congressional Research Service, Library of Congress in [Washington, D.C.] .
Written in English


  • Research and development tax credit -- United States

Book details:

Edition Notes

StatementGary Guenther.
SeriesCRS issue brief -- IB92039a., Issue brief (Library of Congress. Congressional Research Service) -- IB92039a., Major studies and issue briefs of the Congressional Research Service -- 1998, 98-IB-92039a.
ContributionsLibrary of Congress. Congressional Research Service.
The Physical Object
Pagination6, 7 p.
ID Numbers
Open LibraryOL17744167M

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Research Tax Credits explains how to determine if your clients can take advantage of the research and experimentation tax credit. Just as crucial, it shows you how to navigate through the credit’s ever-changing rules. To improve our economy and develop new technologies, many American companies are developing new processes. Development. ASC defines development as using the research results 1) to develop a plan or design a new product or process or 2) to make a significant improvement to an existing product or section 41 refers to this development phase as a process of experimentation (POE) and relates it to a separate and distinct business component. Get this from a library! Research and experimentation tax credit. [Jacob K Mikhail; David C Morel;] -- The research tax credit is designed to boost business investment in what might be described as basic or applied research by reducing the after-tax cost of that research above a base amount. Although. Are you or your clients interested in claiming the R&D Tax Credit? Good news. There is still time to perform a study for inclusion on your extended returns, but you must act fast. Time is running out. What is the R&D Tax Credit? The Research and Development .

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