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BIO expresses support for tax extender legislation.

2015-12-22 14:31:10| Industrial Newsroom - All News for Today

BIO welcomed legislation to extend critical tax incentives that are important to biotechnology companies. Legislation would make permanent the important Research & Development Tax Credit and expand eligibility for start-up companies, extend through 2016 the Second Generation Biofuel Producer Tax Credit and the Special Depreciation Allowance for Second Generation Biofuel Plant Property, and extend through 2019 the Controlled Foreign Corporation Look-Through Rule.

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