To amend the Internal Revenue Code of 1986 to increase the alternative simplified credit for research expenses.
Research and Experimentation Advances Competitiveness at Home Act of 2016 or the REACH Act of 2016
This bill amends the Internal Revenue Code to increase the alternative simplified tax credit for research expenses to 20% from the existing rate of 14% (12% for years ending before January 1, 2009).
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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