1983-84 Miscellaneous Tax Bills, II: Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance, United States Senate, Ninety-eighth Congress, First Session, on S. 654, S. 738, S. 1147, S. 1194, and S. 1195, May 27, 1983U.S. Government Printing Office, 1983 - 387 pages |
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Page 16
... base period year , then the taxpayer is treated as having research expenditures of zero in such year , for purposes of computing aver- age annual research expenditures during the base period , subject to the 50 - percent limitation rule ...
... base period year , then the taxpayer is treated as having research expenditures of zero in such year , for purposes of computing aver- age annual research expenditures during the base period , subject to the 50 - percent limitation rule ...
Page 36
... base period ( generally , the preceding three taxable years ) . The rate of the credit is 25 percent of the incremental re- search expenditure amount . For purposes of the credit , the definition of research is the same as that used for ...
... base period ( generally , the preceding three taxable years ) . The rate of the credit is 25 percent of the incremental re- search expenditure amount . For purposes of the credit , the definition of research is the same as that used for ...
Page 37
... base period expenditures General rule . - As a general rule , the section 44F credit applies to the amount of qualified research expenditures for the current tax- able year which exceeds the average of the yearly qualified re- search ...
... base period expenditures General rule . - As a general rule , the section 44F credit applies to the amount of qualified research expenditures for the current tax- able year which exceeds the average of the yearly qualified re- search ...
Page 38
... base period expenditures with re- spect to 1983 would be the average of its qualified research expend- itures for 1980 , 1981 , and 1982 , or $ 121,300,000 . Accordingly , the 25 percent credit for 1983 would apply to the excess of ...
... base period expenditures with re- spect to 1983 would be the average of its qualified research expend- itures for 1980 , 1981 , and 1982 , or $ 121,300,000 . Accordingly , the 25 percent credit for 1983 would apply to the excess of ...
Page 39
... base period determinations Under S. 1194 , corporate expenditures for either basic research or scientific education which were included in the section 44F credit computation in a prior taxable year would be excluded , in calculating ...
... base period determinations Under S. 1194 , corporate expenditures for either basic research or scientific education which were included in the section 44F credit computation in a prior taxable year would be excluded , in calculating ...
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activities allocation American Electronics Association amount Apple Computer apply augmented deduction base period basic research bill Bob Packwood Chairman CHAPOTON charitable deduction Committee companies competitive computer software Congress contributions corporate cost Deere & Company discount donated economic effect electronics enacted encourage engineering expand faculty Federal Foreign Tax Credit funds high technology increase industry innovation institutions investment Kids Can't Wait legislation limitation loan M/A-COM manufacturers microcomputers million mortgage National ordinary income percent permanent personal computers problem programs R&D credit R&D expenditures R&D spending R&D tax credit recipient research and development Revenue rule scholarships scientific education scientific equipment secondary schools section 174 section 44F credit semiconductor Senator DANFORTH Subcommittee on Taxation sunset provision Tax Executives Institute taxable Taxation and Debt taxpayer teachers technical Tektronix tion transferred United very-large-scale integrated vocational education