IHS Chemical Week

Dow Challenges IRS Ruling R&D Tax Credit Case

1:12 PM MDT | April 9, 2012 | Kara Sissell

Dow Chemical is appealing a U.S. tax court decision to reject the company’s claim that supplies used in certain process improvements carried out by the former Union Carbide in 1994 are eligible for R&D tax credits. Attorneys presented oral arguments March 29 at the U.S. Court of Appeals for the Second Circuit (New York). Dow’s case, if successful, would set an important precedent for other companies seeking to establish certain activities as eligible for R&D tax credits. The credits apply to costs including those incurred during the...

If you have already signed up for access to Chemical Week Regulatory Watch, please log in here.


Forgot your user ID or password?
Click here to have it sent to you. 

contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa