REG-133791-02 and REG-105606-99

United States. Internal Revenue Bulletin, September, 2003 by Wenzel, Robert E

Notice of Proposed Rulemaking; Notice of Public Hearing; and Withdrawal of Previously Proposed Regulations

Credit for Increasing Research Activities

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking; notice of public hearing; and withdrawal of previously proposed regulations.

SUMMARY: This document contains proposed regulations relating to the computation and allocation of the credit for increasing research activities for members of a controlled group of corporations or a group of trades or businesses under common control. These proposed regulations reflect changes made to section 41 by the Revenue Reconciliation Act of 1989 and the Small Business Job Protection Act of 1996, which introduced the alternative incremental...

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