Bid To Make R&D Tax Credit Permanent Fails In Senate Committee; Finance OKs 2-Year Extension
This article was originally published in The Gray Sheet
Executive Summary
Senators eager to make a popular, two-year-long R&D tax credit permanent were thwarted again July 21 when the Finance Panel approved a package of temporary tax-extenders.
You may also be interested in...
R&D Credit Retroactively Renewed For 2014, But It Stops There
The Senate approved a tax-extenders bill that will retroactively renew the research and development tax credit for 2014 on a 76-16 vote, but the credit expires on Dec. 31. The bill was also approved by the House Dec. 3, and now goes to President Obama, who is expected to sign it.
R&D Tax Credit Set For Administrative Expansion, Despite Lapse In Congress
A proposal from the Internal Revenue Service set to be finalized this year would expand the research and experimentation tax credit by making prototypes that are sold eligible for the credit. Meanwhile, the tax credit actually expired on Dec. 31, but lawmakers are working to reauthorize it retroactively.
Cosmetic And Personal Care Trademark Review: 16 April
Personal care and cosmetic product trademark filings compiled from the Official Gazette of the US Patent and Trademark Office, Class 3.