Actions for Research Tax Credit [electronic resource] : Current Law and Policy Issues for the 114th Congress

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Research Tax Credit [electronic resource] : Current Law and Policy Issues for the 114th Congress

Corporate Author
Library of Congress. Congressional Research Service
Published
[Place of publication not identified] : [publisher not identified], 2009.
Physical Description
1 online resource (37 pages), digital, PDF file
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Summary
Reviews status of the research and experimentation (R&E) tax credit, which seeks to stimulate business R&D investment by reducing the after-tax cost of qualified research above a base amount. Examines the design, effectiveness, legislative history, and stimulative effect of the R&E tax credit. Outlines key R&E tax credit policy issues, including a lack of permanence, uneven and inadequate incentive effect, non-refundable status, incomplete and ambiguous definition of qualified research, and insufficient focus on innovative research projects. Discusses legislation in the 113th and 114th Congresses to modify and extend the R&E tax credit, and summarizes Obama Administration budget request for FY2016.
Subject(s)
Related Titles
ProQuest U.S. Congressional Research Digital Collection
Note
CRS Report.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2015). Reuse except for individual research requires license from ProQuest, LLC.
Technical Details
System requirements: PDF reader software.
View MARC record | catkey: 18414767