SOCMA Welcomes President's Call to Permanently Extend R&D Tax Credit
Association Remains Opposed to Taxes on Overseas Profits
September 08, 2010
September 08, 2010
WASHINGTON, Sept. 8 -- The Society of Chemical Manufacturers and Affiliates issued the following news release:
The Society of Chemical Manufacturers and Affiliates (SOCMA) today welcomed President Barack Obama's proposal to Congress to increase and permanently extend the research and development (R&D) tax credits for US businesses. The extension, estimated at $100 billion over 10 years, will assist with job growth within the chemical manufacturing sector.
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The Society of Chemical Manufacturers and Affiliates (SOCMA) today welcomed President Barack Obama's proposal to Congress to increase and permanently extend the research and development (R&D) tax credits for US businesses. The extension, estimated at $100 billion over 10 years, will assist with job growth within the chemical manufacturing sector.
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