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Businesses With Overseas Research Targeted by IRS Expense Rule

Businesses With Overseas Research Targeted by IRS Expense Rule

The change in tax treatment of research and experimental expenditures under Internal Revenue Code Section 174, effective for tax years beginning after … [Read More...] about Businesses With Overseas Research Targeted by IRS Expense Rule

US Congress passes bill to boost chipmakers, compete with China

US Congress passes bill to boost chipmakers, compete with China

The U.S. House of Representatives passed sweeping legislation on Thursday to subsidize the domestic semiconductor industry as it competes with Chinese … [Read More...] about US Congress passes bill to boost chipmakers, compete with China

Chip and carmaker CEOs meet ahead of Biden signing

Chip and carmaker CEOs meet ahead of Biden signing

The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with … [Read More...] about Chip and carmaker CEOs meet ahead of Biden signing

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