Summary: H.R.4805 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.4805. Bill summaries are authored by CRS.

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Introduced in House (06/14/1988)

Amends the Internal Revenue Code to apply the research tax credit to in-house research expenses that the taxpayer pays or incurs for the principal purpose of using the research results in the active conduct of a future trade or business.