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 Research and Experimentation Tax Credit

Secretary of the Treasury Tim Geithner visited Northwest Arkansas to meet with regional business leaders to discuss how government and the private sector can work together to out-innovate our competition, and to tour NanoMech – a small business that demonstrates how innovative research can spur economic growth and high-wage jobs. In conjunction with the visit, the Treasury Department released a new report today detailing the economic benefits of the Research and Experimentation (R&E) tax credit and the President’s Fiscal Year 2012 Budget proposal to expand and simplify the credit and make it permanent.

The full report on the R&E credit is available here.

Read Secretary Geithner's remarks here.

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Last Updated :4/4/2011 4:16 PM