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ABC Supports R&D Tax Credit

by | Jun 27, 2023 | ABC | 0 comments

On June 13, ABC authored a letter to the U.S. House Ways and Means Committee for its markup of H.R. 3938, the Build It in America Act. ABC supports this legislation, which would extend key provisions of the ABC-supported Tax Cuts and Jobs Act and provide additional certainty to the construction industry, including the deduction for research and development and the extension of the 100% bonus depreciation.

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