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IPC applauds passage of Tax Extenders Bill.

2015-12-23 14:31:09| Industrial Newsroom - All News for Today

IPC is applauding U.S. Congress for enacting meaningful tax reform legislation, including making the research and development tax credit permanent. Protecting Americans from Tax Hikes Act would revive more than 50 temporary tax provisions that expired in 2014, including some important IPC priorities. Bill also includes permanent enhanced expensing for smaller manufacturers, providing annual write-offs of up to $500,000 for investments in equipment and machinery.

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