Describes the current temporary tax credit for increase in research and development expenditures and provides a legislative history of the tax credit. Discusses economic rationale for government support of research and development, effectiveness of the research and experimentation tax credit, policy issues raised by the credit, and measures to extend or modify the credit in the 105th Congress.
ProQuest U.S. Congressional Research Digital Collection
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Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. AVAILABLE ONLINE TO AUTHORIZED PSU USERS.