*Letters

SIA Submits Comments to the IRS on Credits for Research Activities and the Definition of Qualified Research

Published on:
January 1, 2001

The Committee on the Federal Taxation of the Securities Industry of the Securities Industry Association (SIA)* provide comments to the Internal Revenue Service (IRS) on final regulations relating to the computation of the credit for increasing research activitiesand the definition of qualified researchunder Sections 41(c)Section 41(d), respectively,of the Internal Revenue Code. SIA believes that the provisions in the regulations relating to the definition of internal-use software, the discovery test, and the documentation requirements should be substantially revised to accomplish the intent of the U.S. Congress in providing this credit.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.