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Permanent R&D tax credit to be proposed by Hatch; Senate leadership proposes new capital gains cuts.

Executive Summary

R&D TAX CREDIT DEBATE RESUMING ON CAPITOL HILL, WITH SEN. HATCH (R-Utah) preparing to introduce legislation to make the tax credit permanent. Hatch is distributing a Dear Colleague letter seeking support in the Senate for the measure. The R&D tax credit, along with the orphan drug tax incentive, is set to expire on May 31.
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