Recently re -introduced in the U.S. House of Representatives will create an investment tax deduction for semiconductor design expenditures.
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The progress of semiconductor technology (STAR) law enables 25 % tax deduction of semiconductor design R & D costs. The semiconductor design will improve the more complex technology by improving the method of processing the information. This bill has re -approved the 48D manufacturing tax deduction in the next 10 years.
The goal of the bill is to move on to semiconductor R & D Initiative so that semiconductors are generated in the United States. Correct advanced manufacturing investment credit and add a qualified semiconductor design expenditure.
“Semiconductors are important for the future technology of countless sectors, from healthcare to defense and energy, for US national security and global competitiveness,” said Break Moore (R-UT) Building (R-UT). I said. “I am grateful for my colleagues to the partnership that re -introduces Star Act. I am looking forward to the investment incentives that will increase the US leadership of the chip design and maintain the safe value chain of these innovation.”
The bill had 13 joint sponsors, and was introduced to the House of Representatives Committee on methods and means.
