In Brief: Research tax credit
Executive Summary
Research tax credit: Research and experimentation tax credit would be extended for one year (at cost of $2.2 bil.) under the Administration's FY 1999 budget proposal. Vice President Gore previewed the budget proposal during a Jan. 29 speech at Genentech's headquarters in South San Francisco. Unextended, the R&E credit will expire on June 30, 1998...