Why Manufacturers Need Immediate R&D Expensing

NAM tax explainer released as part of the NAM’s “other pro-growth tax provisions. The last word: “It is imperative that the U.S. tax code support job-creating, life-changing R&D,” said NAM Vice President of Domestic Policy Charles Crain. “Congress must act to bolster manufacturing innovation and American competitiveness by reinstating immediate R&D expensing.”