← Information Technology Industry Council
IRSNonrulemakingIRS-2023-0040

Guidance on Amortization of Specified Research or Experimental Expenditures under Section 174 (Notice 2023-63)

RIN
—
Last modified
Oct 10, 2024
Comment window
closed 977d ago
Information Technology Industry Council filings
1

Activity

Information Technology Industry Council filed 1 comment on this docket between Nov 20, 2023 and Nov 20, 2023. 80 other organizations filed here. The comment window closed 977d ago.

What Information Technology Industry Council filed (1)

Nov 20, 2023· Comment from Information Technology Industry Council (ITI)· IRS-2023-0040-0219

Filed on regulations.gov — full text not in the inline record.

View on regulations.gov →

Abstract

This notice announces that the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) intend to issue proposed regulations (forthcoming proposed regulations) addressing (1) the capitalization and amortization of specified research or experimental (SRE) expenditures under § 174 of the Internal Revenue Code (Code) , as amended by Public Law 115-97, 131 Stat. 2054 (Dec. 22, 2017), commonly referred to as the Tax Cuts and Jobs Act (TCJA), (2) the treatment of SRE expenditures under § 460, and (3) the application of § 482 to cost sharing arrangements involving SRE expenditures.

View on regulations.gov →

Co-filers (80)

See everyone who commented →
Guidance on Amortization of Specified Research or Experimental Expenditures under Section 174 (Notice 2023-63) (IRS) — Information Technology Industry Council | OpenPolis