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Manufacturers Applaud Bipartisan Agreement on tax provisions.

2015-12-21 14:31:09| Industrial Newsroom - All News for Today

NAM welcomed bipartisan agreement by Congress on tax provisions considered crucial to manufacturing growth/competition. Said agreement would make several key tax provisions for manufacturers permanent, including R&D tax credit, Section 179 expensing, and deferral for active financing income. Also, package would provide seamless multiyear extensions of 50+ other expired tax provisions. NAM's Dorothy Coleman called this announcement "a historic and very promising breakthrough."

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