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Federal Tax Incentives for Research and Development

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Federal Tax Incentives for Research and Development Synopsis

Technological innovation is a primary engine of long-term economic growth, and research and development (R&D) serves as the lifeblood of innovation. The federal government encourages businesses to invest more in R&D than they otherwise would in several ways, including a tax credit for increases in spending on qualified research above a base amount. This book describes the current status of the credit, summarizes its legislative history, discusses policy issues it raises, and describes legislation to modify and extend it.

Moreover, the book focuses on the effects of a patent box on encouraging research and development in the United States.

About This Edition

ISBN: 9781536102307
Publication date:
Author: Erika Brooks
Publisher: Nova Science Publishers an imprint of Nova Science Publishers, Inc
Format: Paperback
Pagination: 147 pages
Series: Business Issues, Competition and Entrepreneurship
Genres: Taxation and duties law

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