Congress passes tax package, includes extension of R&D Tax Credit and suspension of medical device tax

Categories: Entrepreneurship, Health, News, Tech

With the end of 2015 approaching, federal lawmakers passed a $650 billion federal tax package. The package includes, among other provisions, a permanent extension of the federal research and development (R&D) tax credit and a two-year suspension of the medical device tax. These provisions are great news for Minnesota’s high-tech and medical technology communities.

View Resource