by admin | Sep 26, 2012 | Blog
In a ruling on a Motion for Partial Summary Judgment filed September 20, 2012, the District Court hearing the Bayer R&D tax credit case denied the government’s Motion for Partial Summary Judgment. The government was seeking partial summary judgment arguing that...
by admin | Sep 9, 2012 | Blog
In a decision dated September 7, 2012 relating to the Union Carbide (UCC) case, the Appellate Court agreed with the Tax Court on the topic of R&D tax credit supply costs. UCC argued it should be entitled to R&D costs and the credit for both supplies purchased...
by admin | Aug 13, 2012 | Blog
On Thursday August 2, the Senate Finance Committee approved a tax extenders package including the R&D tax credit, wind energy credit and the AMT patch. This is a positive step towards addressing the R&D credit for 2012 and 2013 and the legislation is expected...
by admin | Aug 12, 2011 | Blog
In an interesting turn of events, our blog entry below on limiting the California R&D credit to companies that can show sales of tangible personal property (Legal Division Guidance 2011-06-01), the Franchise Tax Board has withdrawn this guidance. This means...
by admin | Aug 12, 2011 | Blog
The Office of Tax Policy, Department of Treasury issued a very informative summary this year outlining the President’s approach to the research credit. In the attached document, the letter reviews proposals from President Obama’s administration on making...
