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R&D tax credit included in $700 billion bailout plan

This article was originally published in The Gray Sheet

Executive Summary

Extension of research and development tax provisions favored by the device industry is attached to the $700 billion Emergency Economic Stabilization Act of 2008, passed by the House and Senate last week and signed by President Bush Oct. 3 ("1The Gray Sheet" Dec. 10, 2007, p. 14)

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