After a dramatic election season the proposed tax reforms of US President Elect, Donald Trump, are currently a topic of great interest for businesses. While pre-election reform plans may not [...]

The market for craft beer has been growing steadily since the late 1990’s. As of 2015 craft brews dominated 12% of the beer market by consumption and 21% by spending. In comparison with other [...]

Tech leaders Google, Facebook, Microsoft, Amazon and IBM have joined forces to form the Partnership on Artificial Intelligence to Benefit People and Society (Partnership on AI) announced in [...]

From 2015 to 2016 North America increased R&D spending by 8% rising close to $300 Billion as Europe, Japan and the Rest of the World fell by 9%, 8% and 3% respectively and China rose by 19%. [...]

Research conducted by the National Science Foundation discovered that in 2013, 1.5 million workers inside the U.S. were employed for R&D (research and development) purposes meaning they [...]

Should the United States Enact a Patent Box? Swanson Reed has recently written an article for the Tax Advisor outlining the facts surrounding the U.S enacting a Patent Box. Many countries have [...]

Foregone Opportunities The Research and Development (R&D) Tax Incentive was originally established in 1981 as a manner of encouraging businesses to seek innovation by creating new products [...]

The United States Treasury proposed new regulations regarding Internal Use Software (IUS) for purposes of the research and development (R&D) credit under Section 41 of the Internal Revenue [...]

Businesses that develop a research and development (R&D) strategy are more likely to grow and succeed. Why is this? In performing R&D, companies must internally review their processes and [...]

Apple in Ireland This week Apple has taken a blow from the European Commission as the EU demands Apple pay their withstanding taxes to Ireland to the tune of about 14.5 billion US dollars. While [...]