News: Tangel
Funded R&D – Rights – Tangel Case R&D Tax Credits
In a recent Tax Court case, Tangel v. Commissioner, T.C. Memo. 2021-1 (Jan 2021), the Tax Court concluded that the taxpayer who claimed the R&D tax credit did not retain substantial rights and thus the R&D work was ‘funded’ and …
Tagged commissioner, contract, funded, funded R&D, funded research, IRS, R&D Tax Credit, research credit, Tangel, tax court
