R&D Tax Credit and Other Business Bennies Go Down
Strategic Finance › Vol. 92 Nbr. 2, August 2010
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Summary
The Senate's failure in late June to pass the jobs/stimulus bill the House sent over sounded the death knell for extension of the research & development tax credit that expired on Dec 31, 2009. At least for now. The credit is used by about 18,000 companies, 70% of them manufacturers. The big issue was the cost of the extension of unemployment benefits. Congress decided one month later that lack of an offset was outweighed by the need to extend the benefits, so it passed H.R. 4213 with only one provision: the unemployment benefits extension.
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R&D Tax Credit and Other Business Bennies Go Down
The Senate's failure in late June to pass the jobs/stimulus bill the House sent over ...
See the full content of this document
(Copyright 2011)
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