Your English writing platform
Discover LudwigSuggestions(1)
Exact(3)
It allows companies to write off about one-fifth of their spending on research and was worth some $7 billion to U.S. firms last year.
(Does anyone think green energy tax credits will vanish anytime soon?) One ghost that keeps returning: the research credit, first introduced in 1981, which allows companies to write off a portion of their research and development expenses.
That is how many lawmakers and business groups are reacting to a vote last night by the U.S. House of Representatives to retroactively revive a tax credit that allows companies to write off certain research expenses.
Similar(57)
He would allow companies to write their own privacy plans and submit them to the F.T.C. for approval.
The bill would allow companies to write off immediately 30percentt of the cost of any such investments for the next three years.
In the Senate, Mr. Baucus's plan would allow companies to write off 10percentt of their capital investments, but would limit the tax break to a single year.
The House bill would try to address the problem by allowing companies to write off 30percentt of the cost of capital investments immediately.
The proposal would allow companies to write off 40percentt of new investments for six months and then 20percentt for the next six months.
The new proposals outlined by the White House today would allow companies to write off the costs of new, more efficient generators at a faster rate.
The bill would also allow companies to write off an additional 30percentt of their investments in new factories and equipment for the next three years.
But for the rescue deal to go through, it will need the support of 75% of creditors at a vote on September 4. The British Property Federation (BPF) called for a review of controversial company voluntary arrangements (CVAs), which leave landlords out of pocket and allow companies to write off debts.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com