Research and development expenses means research and development costs as defined in FASB ASC Topic 730, Re- search and Development, as currently in effect or as it may be subsequently re- vised.[68 FR 37052, June 20, 2003, as amended at 76FR 50123, Aug. 12, 2011] § 270.3c–1 Definition of beneficial own- ership for certain 3(c)(1) funds.
Research and development expenses means expenses incurred by the person in –
Research and development expenses means that term as defined in
Examples of Research and development expenses in a sentence
Research and development expenses are charged to income as incurred.
Research and development expenses are charged to profit or loss in the period in which the expenditure was incurred.
Research and development expenses Research expenses are recognized as expenses when they are incurred.
Research and development expenses are charged to operations as incurred.
Research and development expenses make up at least 15% of its expenses in the tax year for which the credit under this section is claimed.
More Definitions of Research and development expenses
Research and development expenses. Research and Development Expenses shall mean the internal and external costs incurred by Infinity and/or its Affiliates in the conduct of the Research Program; such costs shall include: (a) the FTE Costs of Infinity and its Affiliates, (b) all costs accrued by Infinity or its Affiliates in connection with work performed by Third Parties (except to the extent that such costs have been included in FTE Costs), (c) license fees, milestone payments and other amounts due to Third Parties related to the Research Program, allocated pro rata among FAAH Products, on the one hand, and products and product candidates outside the Research Program, on the other hand, and (d) costs related to the Infinity Patent Rights and Joint Patent Rights licensed to Purdue hereunder.
Research and development expenses means research and development ex- penses as defined in FASB Statement of Financial Accounting Standards No. 2, Accounting for Research and Devel- opment Costs, as currently in effect or as it may be subsequently revised.[68 FR 37052, June 20, 2003] § 270.3c–1 Definition of beneficial own- ership for certain 3(c)(1) funds.
Research and development expenses means as to any Performance Period, the Company’s research and development expenses, determined in accordance with generally accepted accounting principles.
Research and development expenses means research and development costs as defined in FASB ASC Topic 730, Re- search and Development, as currently in effect or as it may be subsequently re- vised.[68 FR 37052, June 20, 2003, as amended at 76FR 50123, Aug. 12, 2011]§ 270.3a–9 Crowdfunding vehicle.
Research and development expenses means the costs incurred by the enterprise in the process of finding, creating, or improving products or services.
Research and development expenses means: (A) For those credits allowed pursuant to this section for expenditures made during income years commencing prior to January 1, 2006, research or experimental expenditures deductible under Section 174 of the Internal Revenue Code of 1986, as in effect on May 28, 1993, determined without regard to Section 280C(c) [thereof] of said Internal Revenue Code or any elections made by a taxpayer to amortize such expenses on its federal income tax return that were otherwise deductible, and basic research payments as defined under Section 41 of said Internal Revenue Code to the extent not deducted under said Section 174, provided: [(A)] (i) Such expenditures and payments are paid or incurred for such research and experimentation and basic research conducted in this state; and [(B)] (ii) such expenditures and payments are not funded, within the meaning of Section 41(d)(4)(H) of said Internal Revenue Code, by any grant, contract, or otherwise by a person or governmental entity other than the taxpayer unless such other person is included in a combined return with the person paying or incurring such expenses; (B) for those credits allowed pursuant to this section for expenditures made during income years commencing on or after January 1, 2006, research or experimental expenditures as defined pursuant to Section 41 of the Internal Revenue Code of 1986, as in effect on December 31, 2005, determined without regard to Section 280C(c) of said Internal Revenue Code or any elections made by a taxpayer to amortize such expenses on its federal income tax return that were otherwise deductible, provided: (i) Such expenditures and payments are paid or incurred for such research and experimentation and basic research conducted in this state; and (ii) such expenditures and payments are not funded, within the meaning of Section 41(d)(4)(H) of said Internal Revenue Code, by any grant, contract, or otherwise by a person or governmental entity other than the taxpayer unless such other person is included in a combined return with the person paying or incurring such expenses;
Research and development expenses means research and development expenses as defined in FASB Statement of Financial Accounting Standards No. 2, Accounting for Research and Development Costs, as currently in effect or as it may be subsequently revised.