Make Permanent the Research and Experimentation Tax Credit

Eric Spiegel, president and chief executive officer of Siemens Corporation discusses the importance of making R&D tax credit permanent: Thirty years ago, the United States introduced the research and experimentation tax credit (sometimes called the research and development — or R&D — tax credit), making the U.S. the first nation to use its tax code …

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Congressional Bill Introduced to Make the Research Tax Credit Permanent

On May 3, 2011, Democratic House Member John Carney of Delaware introduced a bill that would make the Research Tax Credit permanent. The bill entitled H.R. 1693 – Research and Development Tax Credit Extension Act of 2011, is co-sponsored by Republican Jim Renacci of Ohio. The bill, which was referred to the House Committee on …

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