U.S. Continues to Tread Water in Global R&D Tax Incentives
Although once offering the most generous R&D tax credit in the world, the United States now ranks 17th out of the 30 OECD countries. The United States’ R&D credit has fallen so far behind compared to other nations it would have to increase the Alternative Simplified Credit from its current value of 14 percent to 47 percent to once again be the world leader in R&D tax generosity.
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