Tax Policy: The Research Tax Credit's Design and Administration Can Be Improved
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "The tax credit for qualified research expenses provides significant subsidies to encourage business investment in research intended to foster innovation and promote long-term economic growth. Generally the credit provides a subsidy for research spending in excess of a base amount but concerns have been raised about its design and administrability. Government Accountability Office (GAO) was asked to desc…
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Date:
November 6, 2009
Creator:
United States. Government Accountability Office.
Partner:
UNT Libraries Government Documents Department