Letter from ACT | The App Association to the Minister of Commerce and Industry, and Member of Parliament of India re: the Imperative for Supporting Indian MSME Innovators in ongoing India- U.S. Bilateral Trade Agreement Negotiations
WASHINGTON, D.C. – The immediate tax deductibility of research and development (R&D) investments is a vital incentive driving small business innovation across the digital economy. “We commend Chairman Smith and the U.S House Ways and Means Committee for taking action to restore immediate expensing of R&D investments for five years,” [...]