REACH Act of 2016
Last action on May 10, 2016Referred to the House Committee on Ways and Means.
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Summary
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).
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