R&D Tax Credits: Sometimes Overlooked, but Quite Valuable to Oil and Gas Companies

“R&D Tax Credits: Sometimes Overlooked, but Quite Valuable to Oil and Gas Companies” by Robert Henry for Petroleum Accounting and Financial Management Journal (Fall/Winter 2013)

Research and development (R&D) spending generates considerable economic activity among all businesses, including oil and gas companies. Oftentimes companies in the oil and gas and oil services industries conduct significant amounts of R&D without taking advantage of the benefits of the R&D tax credit.

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