Internal Revenue Service December 13, 2013 – Federal Register Recent Federal Regulation Documents

Credit for Increasing Research Activities: Intra-Group Gross Receipts
Document Number: 2013-29539
Type: Proposed Rule
Date: 2013-12-13
Agency: Internal Revenue Service, Department of Treasury
This document contains proposed regulations under section 41 of the Internal Revenue Code (Code) relating to the treatment of qualified research expenditures (QREs) and gross receipts resulting from transactions between members of a controlled group of corporations or a group of trades or businesses under common control (intra-group transactions) for purposes of determining the credit under section 41 for increasing research activities (research credit). These proposed regulations will affect controlled groups of corporations or groups of trades or businesses under common control (controlled groups) that are engaged in research activities. This document also provides notice of a public hearing on these proposed regulations.