August 02, 2014 – News Bytes

CROs/Service Providers

ACRO backs COMPETE Act to expand R&D tax credit

By Ronald Rosenberg
CenterWatch Staff Writer

On the eve of Congress’ summer departure, an R&D tax credit bill called the COMPETE Act was introduced this morning that would make the R&D tax credit permanent, increase the credit rate to 25% of qualifying research investments and enable investors in small research companies to claim the credit.

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