Texas R&D Tax Credit – Reinstated

Texas R&D Tax Credit – Reinstated

Texas’ HB 800 R&D Tax Incentives Bill reinstated the state’s popular research and development tax credit (R&D Tax Credit), which had previously been eliminated in 2006. The new R&D incentive, effective for tax reports due on or after January 1st, 2014,...
Texas R&D Tax Credit – Reinstated

Texas R&D Tax Credit

The state of Texas has enacted a Research and Development Tax Credit. The law allows taxpayers to take a franchise tax credit for R&D expenditures or a sales and use tax exemption for the purchase or lease of depreciable tangible personal property used in...