What industries can qualify for the R&D Tax Credit ?
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The R&D Credit was passed to encourage companies to invest in innovation in the United States.
Because of that, a wide variety of industries are eligible to claim the R&D credit. Unlike the R&D credit in other countries, it is not required that a taxpayer develop something completely new to the world, so long as the four part test, as set forth here, is met, qualifying expenses can be captured.
