American Innovation and Competitiveness Act of 2019 or the AICA Act of 2019
This bill eliminates the five-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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