The Tax Cuts and Jobs Act of 2017 changed the tax treatment of research and experimentation costs

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The Tax Cuts and Jobs Act of 2017 changed the tax treatment of research and experimentation costs incurred after 2021. This change requires capitalization and amortization of costs that previously were deductible when incurred. How does this change affect the after-tax cost of these expenditures?

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Principles Of Taxation For Business And Investment Planning 2023

ISBN: 9781264229741

26th Edition

Authors: Sally Jones, Shelley Rhoades-Catanach, Sandra Callaghan, Thomas Kubick

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