Senators Aim to Extend, Expand Tax Credit for R&D

October 19, 2007

Washington – Sen. Orrin G. Hatch (R-Utah) and Senate Finance Committee Chairman Max Baucus (D-Mont.) today introduced the Research Credit Improvement Act, a bill to extend and expand the tax credit currently offered to companies to encourage increased spending for research and development.

Senators Aim to Extend, Expand Tax Credit for R&D

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