Research Tax Credit : Current Law and Policy Issues for the 114th Congress.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Investments.

Research.

Tax incentives.

Physical Description:

1 online resource (1 online resource (37 pages)) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2014.

System Details:

System requirements: PDF reader software.

text file

PDF

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 Congress to modify and extend the R&E tax credit.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Feb. 2014). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: United States. General Accounting Office. General Government Division. Research Tax Credit

Access Restriction:

Restricted for use by site license.