A bill to amend the Internal Revenue Code of 1954 to provide that research and experimental expenditures in connection with a patent may be amortized for any period of not less than 60 months.
Patent Depreciation Act - Amends the Internal Revenue Code to provide that research and experimental expenditures in connection with a patent may be amortized for any period of not less than 60 months.
Referred to House Committee on Ways and Means.
Introduced in Senate
Referred to Senate Committee on Finance.
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