Statements (52)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax incentive
|
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
|
| gptkbp:alsoKnownAs |
Research and Development Tax Credit
|
| gptkbp:appliesTo |
gptkb:Australia
gptkb:Canada gptkb:United_Kingdom gptkb:United_States |
| gptkbp:AustraliaEquivalent |
R&D Tax Incentive
|
| gptkbp:benefit |
reduces tax liability for eligible businesses
|
| gptkbp:CanadaEquivalent |
Scientific Research and Experimental Development (SR&ED) Program
|
| gptkbp:canBeCarriedBack |
yes
|
| gptkbp:canBeCarriedForward |
yes
|
| gptkbp:canBeNonRefundable |
in some jurisdictions
|
| gptkbp:canBeRefundable |
in some jurisdictions
|
| gptkbp:claimedBy |
corporations
startups small businesses |
| gptkbp:criticizedFor |
complexity
potential for abuse |
| gptkbp:eligibility |
wages
supplies computer rental costs contract research costs |
| https://www.w3.org/2000/01/rdf-schema#label |
R&D Tax Credit
|
| gptkbp:influenced |
corporate investment decisions
|
| gptkbp:introducedIn |
United States in 1981
|
| gptkbp:notEligibleExpenses |
gptkb:farmer
equipment acquisition patent costs |
| gptkbp:publicLawNumber |
IRS Form 6765 (US)
|
| gptkbp:purpose |
encourage companies to invest in research and development
|
| gptkbp:relatedTo |
innovation
economic growth job creation |
| gptkbp:requires |
business to be subject to income tax
documentation of expenses qualified research activities |
| gptkbp:stateLevelCreditsAvailable |
gptkb:California
gptkb:Illinois gptkb:Massachusetts gptkb:New_York gptkb:Texas other US states |
| gptkbp:subject |
recapture rules
audit by tax authorities state-level variations |
| gptkbp:supportedBy |
business associations
innovation advocates |
| gptkbp:UKEquivalent |
Research and Development Expenditure Credit (RDEC)
SME R&D Relief |
| gptkbp:bfsParent |
gptkb:Patent_Box_Regime
|
| gptkbp:bfsLayer |
8
|