Tag Archives: tax

IPC Efforts Pay Off – Research and Development Tax Credits and Enhanced Bonus Depreciation Legislation Will Be Enacted in to Law

President Obama is scheduled to sign into the law today the “Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010,” more commonly known as the “Tax Cuts Bill.” The Act will reinstate and extend important tax benefits assisting electronics companies. IPC worked all year to support these important tax provisions to provide assistance […]

Congress’s failure to reinstate the expired research and development tax credit for 2010 will significantly affect electronics companies

IPC – Association Connecting Electronics Industries and over 1,300 other companies and organizations recently sent a letter to all members of Congress urging them to enact legislation seamlessly extending Research and Development (R&D) tax credits through 2010 and for as long as possible. If the lame-duck Congress does not reinstate the expired R&D tax credit […]

White House Announces Plan to Enact a Permanent Research and Development Tax Credit

Last week, President Barack Obama announced a detailed plan for economic recovery that includes asking Congress to expand and permanently extend Research and Experimentation tax credits, also known as Research and Development (R&D) tax credits. For many years, IPC has advocated for a permanent R&D tax credit. The R&D tax credit expired on December 31, […]