S3560 — Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable.

S3560 — Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable. · Informed CitizenryThis legislation significantly overhauls the tax incentives available for businesses that conduct research and development (R&D). For corporate taxpayers, it aims to boost investment by increasing…Open in Informed Citizenry