IPC urges industry to pursue tax credit for Lead-Free R&D

The Government Relations Committee of the Association Connecting Electronics Association (IPC) has a released a white paper, “The Research and Development Tax Credit or How your company could be losing hundreds of thousands of dollars (by not taking advantage of the R&D Tax Credit provisions.” The paper explains how expenses associated with the conversion to RoHS and lead-free assembly might qualify under the federal government’s Research and Experimentation Tax Credit to reduce a company’s tax obligations.

Two pieces of legislation would extend the R&D credit permanently: H.R. 2138 in the House and S.2209 in the Senate.  While both have attracted significant support, neither has yet achieved sufficient momentum needed to bring the issue to a vote. IPC members can help support this legislation by writing to their Congressmen and joining IPC and other members of the R&D Credit Coalition on April 9, 2008 for a “Fly In” Washington Lobby Day. Sample letters and information on the Fly In are available at www.ipc.org/R&Dcredit or by contacting Fern Abrams at fabrams@ipc.org.

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