RTC Technical Update – Common Sense Prevails: Alternative Simplified Credit allowed on amended tax returns
On June 2, 2014, the Department of Treasury & IRS released for publication in the Federal Register temporary regulations (T.D. 9666) and, by cross-reference, proposed regulations (REG-133495-13) that effectively allowed for the Alternative Simplified Credit (ASC) election to be applied to amended returns.
The Brazilian economy presents huge and diverse opportunities for the Oil and Gas Industry. There are a number of new initiatives available to help support industry innovation, in particular, the opening of the INOVA PETRO Program. The INOVA PETRO Program is a joint initiative of several governmental organizations and PETROBRAS. The goal is to foster… Read more »
Significant Tax Increases and Incentives Affecting the Brazilian Automotive Industry The Brazilian Government announced it is substantially changing taxes and business incentives for the Automotive Industry. For the last decade the Brazilian Automotive sector has been the theater of unprecedented market growth and technological advancement, and while trying to keep the momentum and foster innovation,… Read more »
Serge de Blois and Jill A. Mazur will be speaking on R&D Tax Credits at Advanced Tax Planning Institute Conference in Carlsbad, California from the 5 to the 7 of November.
Presentation and Panel Discussion on Brazilian Tax Incentives and Subsidy Programs Available to the Oil and Gas Stakeholders
We are pleased to have as our guest speaker from Brazil, Christimara Garcia, author of LEI DO BEM, the first technical and comprehensive book ever written on the Brazilian research tax incentive law. The Oceanaire Restaurant 5061 Westheimer Road, Houston, Teaxs Date Thursday October 3rd, 2013 5:00pm to 7:00pm
Texas Research and Development Tax Credit Passes It’s back! Once again companies that are located in, or that are doing business in Texas, can take advantage of one of the most powerful business incentives available today, the Research and Development Tax Credit. The credit was last available in Texas in 2006 with the current bill… Read more »
The so called fiscal cliff for the RTC has been averted, at least for the near future. Title III Business Tax Extenders was adopted by the U.S. Congress on January 1, 2013 and has been extended to December 31, 2013 (retroactive for December 31, 2012). This is great news for business. The credit is available for any business performing research and… Read more »
Serge de Blois, CEO and David Cooley, Director of Adcovacy and Interpretation are co-speaking at the Tax Executive Institute / Houston Chapter Monthly Luncheon on August 16, 2012 on Research & Development Credit Documentation Credit Issues. Serge de Blois will also be speaking on 4th Spetember, 2012 in Rio de Janeriro, Brazil at the Oil and Gas Workshop on Identifying R&D Activities in… Read more »
Investing in U.S. Competitiveness: The Benefits of Enhancing the Research and Experimentation (R&E) Tax Credit
On March 25, 2011, the US Department of the Treasury released a report titled Investing in U.S. Competitiveness: The Benefits of Enhancing the Research and Experimentation (R&E) Tax Credit.