What is the Internal-Use Software (IUS) exclusion in the Texas R&D Tax Credit? [cite_start] The Texas R&D tax credit generally excludes software developed for internal general and [...]

Texas R&D Tax Credit Answer Capsule: The Texas Research and Development Tax Credit specifically excludes research in the social sciences, arts, or humanities. To qualify for the credit, [...]

Quick Answer: What is the Duplication Exclusion? The Duplication of Existing Business Component exclusion in Texas R&D tax law disqualifies research activities that simply reproduce a [...]

What is the Texas R&D Tax Credit Adaptation Exclusion? The Adaptation Exclusion in the Texas Research and Development (R&D) Tax Credit framework disqualifies activities that involve [...]

What is the “Research After Commercial Production” Exclusion in Texas? Research after commercial production is a statutory exclusion that disqualifies research activities from the [...]

Quick Answer: What are Substantial Rights in the Texas R&D Tax Credit? Substantial Rights refer to the legal authority of a taxpayer to use, exploit, and commercialize the results of their [...]

Quick Answer: What is the Funded Research Exclusion? The Funded Research Exclusion is a critical provision in the Texas R&D Tax Credit (and federal IRC §41) that prevents taxpayers from [...]

Answer: Property of a character subject to depreciation refers to tangible assets with a useful life of more than one year (e.g., machinery, computers) used in business. Within the Texas R&D [...]

Quick Definition: Texas R&D Tax Credit Supplies In the context of the Texas Research and Development Tax Credit, supplies refer to non-depreciable tangible personal property used directly in [...]