Will the U.S. Build a Better R&D Tax Credit Regime
The debate resumes over making credits for R&D investments permanent, as the U.S. House of Representatives endorsed a bill to that effect in May before it heads to the Senate and then maybe on to the White House.
Key questions on the best approach to credits, according to experts at Wharton and New York University, include: Should incentives encourage some kinds of research over others? Should investments simply be fully expensed when made? And, should the credits be made permanent?
Advocates of the tax credit maintain it fosters innovation and want it to become a permanent incentive in order to remove uncertainties […]
