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b7e6ac1ceb9a5773fc7b8a85c5ce5be4 Archive

Looming R&D Capitalization Would Hit Manufacturing And Tech Sectors Hardest

TweetShareSharePin0 Shares US taxation of intellectual property (IP) is facing big changes. Starting next year, research and development (R&D) expenditures, now fully expensed (written off in the year in which they are acquired), must be capitalized and amortized over a period of 5 to 15 years. Additionally, President Biden would repeal a special tax deduction
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