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  • Home
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    • R&D Tax Credit Preparation
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By SR-US Editor
In Case Law, Federal
Posted December 16, 2014

Union Carbide Corporation v. Commissioner of Internal Revenue, No. 11-2552 (2d circuit 2012)

Background This is an appeal from the U.S. Tax Court denying Union Carbide Corporation (UCC) a credit for supplies used in the conduct of qualified research.  Judge Pooler agrees with this [...]

0
Read More
By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

FedEx Corporation v. U.S. 03 AFTR 2d 2009-2722 (W.D. Tenn. June 9, 2009)

Background In 1996, FedEx Corporation found a need for a new computer based system to more easily track their billing records. They carried out this project until 2001 when it was abandoned.  In [...]

0
Read More
By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

Procter & Gamble Co. v. United States, 733 F. Supp. 2d 857 (S.D. Ohio 2010)

Background United States (“The Government”) claims that Procter and Gamble (P&G) and its subsidiaries improperly excluded receipts from intercompany transfers with the foreign [...]

0
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By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

Apple Computer Inc. v. Commissioner 98 T.C. 232 (1992) acq 1992-2 CB 1

Background Apple Computer Incorporated treated incomes they earned from stock options as wages for increasing research activities in 1982, 1982 and 1983. Basic Facts The main question for this [...]

0
Read More
By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

Trinity Industries, Inc. v. United States, 691 F. Supp. 2d 688 (N.D. Tex. 2010)

Background Trinity Industries v. United States (N.D. Tex. 2010) involves Trinity Industries seeking a refund for certain qualified research expenditures (QREs) tax credits claiming they were [...]

0
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By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

United States v. Davenport 897 F. Supp. 2d 496 (N.D. Tex. 2012)

Background In 2009, the United States (“the Government”) filed an action to recover erroneously issued refunds to Morris and Cynthia Davenport and Myra Davenport for the 2003 tax year [...]

0
Read More
By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

Basim Shami and Rania Ardah, et al. v. Commissioner of Internal Revenue (T.C. Memo 2012-78)

Background This case was filed on March 21, 2012 in the United States Tax Court.  The sole issue for decision in this case is whether or not certain wages from Farouk Systems, Inc. (FS) paid to [...]

0
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By SR-US Editor
In Case Law, Federal
Posted December 11, 2014

United States v. McFerrin, 570 F. Supp. 3d 672, 675. (5th Circ. S.D. Tex. 2009)

Background This appeal took place in 2009 in the Fifth Circuit in the Southern District of Texas. The U.S. brought a suit against Arthur R. McFerrin seeking to recover a tax credit that the [...]

0
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By admin
In Federal, Legislation and Congressional Matters
Posted August 8, 2014

US Senate Receives Bill to Make R&D Permanent

The Compete Act has been introduced to the US Senate by Tom Carper (Delaware) to simplify, grow and extend the R&D tax credit. The COMPETE Act or The Competitiveness and Opportunity by [...]

0
Read More
By admin
In Federal
Posted August 5, 2014

2014 R&D 100 Awards

Last month R&D magazine announced the winners of the 52nd annual R&D 100 awards. The awards recognize an international competition of 100 most technologically significant advances and / [...]

0
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