NETWORK WORLD NEWSLETTER: AMY SCHURR ON IT LEADERSHIP
10/12/04
Today's focus:  R&D tax credit extended

Dear [EMAIL PROTECTED],

In this issue:

* President George W. Bush last week signed a bill that included 
��an 18 month extension of an R&D tax credit sought by many IT 
��groups
* Links related to IT Leadership
* Featured reader resource
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Today's focus:  R&D tax credit extended

By Amy Schurr

Last week, President George W. Bush signed into law a tax credit 
bill ( <http://www.nwfusion.com/news/2004/1005bushsigns.html> ) 
that may serve to encourage technical innovation. Part of the 
Working Families Tax Relief Act of 2004 also provides corporate 
tax cuts, including a tax credit for companies conducting R&D 
activity in the U.S. The legislation allows firms to get a tax 
credit of up to 10% of R&D spending.

The tax cut package enacts a seamless, 18-month extension of the 
research and development tax credit that expired on June 30. 
Last month the U.S. Senate and House of Representatives passed 
the R&D tax credit extension by votes of 92-3 and 339-65 
respectively.

The Information Technology Association of America (ITAA) praised 
the extension for encouraging economic development. "Sustained 
research and development in high technology fields is critical 
to America's ability to compete in a global marketplace," says 
Harris Miller, ITAA president. "This extension provides some 
security for companies pushing the technology envelope."

Other industry groups such as the Business Software Alliance, 
TechNet and the Computing Technology Industry Association 
(CompTIA) also lobbied for R&D incentives to spur growth. (See 
"Tech groups push for extension of R&D tax credit" at 
<http://www.nwfusion.com/news/2004/0630techgroup.html> )

However, the ITAA reiterates its call for a permanent R&D tax 
credit. "A permanent research and development tax credit would 
put to rest the periodic uncertainty injected into board rooms 
around the country each time Congress lets the credit lapse," 
Miller says.

RELATED EDITORIAL LINKS

ITAA
http://www.nwfusion.com/www.itaa.org

Why are the R&D labs so bad?
http://www.nwfusion.com/columnists/2004/0301anderson.html
_______________________________________________________________
To contact: Amy Schurr

Amy Schurr is an editor for Network World's Management 
Strategies and Features sections. If you have any career topics 
you'd like her to cover or want to comment on this newsletter, 
you can reach her at <mailto:[EMAIL PROTECTED]>.
_______________________________________________________________
This newsletter is sponsored by Veritas 
Meta Group Whitepaper 
Database Infrastructure Performance Challenges: Approaches to 
Better Manage Application Database and Storage Subsystem 
Performance 

Corporate relational databases now manage the majority of 
business-critical data within the enterprise. IT organizations 
face continuing challenges in managing increasingly complex, 
data-driven application environments. Read this white paper to 
discover several factors which will converge to challenge the IT 
organization's ability to manage its database software 
infrastructure. 
http://www.fattail.com/redir/redirect.asp?CID=84666
_______________________________________________________________
ARCHIVE LINKS

Archive of the IT Leadership newsletter:
http://www.nwfusion.com/newsletters/itlead/index.html
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Beware: Stateful packet filter firewalls are not sufficient 

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FEATURED READER RESOURCE
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Today's top companies are accelerating toward Web-based 
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about The New Data Center on NW Fusion's Research Center at:
<http://www.nwfusion.com/topics/datacenter.html>
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