Qualified Research Expenditures definition

Qualified Research Expenditures means the costs funded by Owner under this Agreement that are incurred in connection with Work performed by Contractor, its Subcontractors and Sub-subcontractors which meet all of the requirements of Section 41(d)(1) of the Internal Revenue Code of 1986, as amended, and which are related to the development or improvement of a business component of the Project.
Sample 1Sample 2Sample 3
Qualified Research Expenditures means the sum of any amounts paid or incurred by an Arkansas taxpayer during the taxable year in funding a qualified research program which has been approved for tax credit treatment under rules promulgated by the Commission;
Sample 1Sample 2Sample 3
Qualified Research Expenditures means the sum of any
Sample 1Sample 2Sample 3

Examples of Qualified Research Expenditures in a sentence

  • Qualified research expenditures include in-house expenses for taxable wages paid, usual fringe benefits, and supplies used in the conduct of qualified research.

  • Qualified research expenditures include in-house expenses for taxable wages paid (wages subject to withholding) and supplies used in the conduct of qualified research.

  • Qualified research expenditures include in-house expenses for taxable wages paid, and usual fringe benefits specific to research activities of employees of the business or for wages and usual fringe benefits paid through contractual agreements, approved in writing by the Executive Director, with a state college, an Arkansas state university, or other Arkansas-based research organization to perform research for a targeted business.

  • Qualified research expenditures for research in an area of strategic value include in-house expenses for taxable wages paid (wages subject to withholding) and supplies used in the conduct of qualified research.

  • Qualified research expenditures include in-house expenses for taxable wages paid, and usual fringe benefits, and supplies used in the conduct of qualified specific to research activities of employees of the business or for wages and usual fringe benefits paid through contractual agreements, approved in writing by the Executive Director, with a state college, an Arkansas state university, or other Arkansas-based research organization to perform research for a targeted business.

  • First, the fixed based percentage is calculated:$400,000/$4,000,000 = 10%Then the research credit is calculated as follows: Qualified research expenditures for the current year:$2,000,000Base amount for the year: Average annual gross receipt $10,000,000Times the fixed-base percentage ..............

  • Qualified research expenditures for research in an area of strategic value include in- house expenses for taxable wages paid (wages subject to withholding) and supplies used in the conduct of qualified research.

  • Qualified research expenditures for research in an area of strategic value include in-house expenses for taxable wages paid (wages subject to withholding), and usual fringe benefits specific to and supplies used in the conduct of qualifiedresearch activities of employees of the business.

  • Qualified research expenditures for research in an area of strategic value include in‐house expenses for taxable wages paid (wages subject to withholding), usual fringe benefits and supplies used in the conduct of qualified research.

  • Qualified research expenditures for research in an area of strategic value include in-house expenses for taxable wages paid (wages subject to withholding), and usual fringe benefits specific to research activities of employees of the business.


More Definitions of Qualified Research Expenditures

Qualified Research Expenditures means the sum of any amounts which are paid by a taxpayer during the taxable year in funding a qualified research program, and which have been approved for tax credit treatment under rules and regulations promulgated by the Department of Finance and Administration.
Sample 1Sample 2Sample 3
Qualified Research Expenditures means the sum of any amounts which are paid or incurred by an Arkansas taxpayer during the taxable year in funding a qualified research program which has been approved for tax credit treatment under rules and regulations promulgated by the department;
Sample 1Sample 2Sample 3
Qualified Research Expenditures means the costs funded by Owner under this Agreement that are incurred in connection with Work performed by Contractor, its Subcontractors and Sub-subcontractors which meet all of the requirements of Section 174 and 41(d)(1) of the Internal Revenue Code of 1986, as amended, and which are related to the development or improvement of a business component of Project 3.
Sample 1
Qualified Research Expenditures means the sum of any amounts that are paid or incurred by a taxpayer during the taxable year in funding a qualified research program that has been approved for tax credit treatment under rules promulgated by the Department of Finance and Administration;
Sample 1Sample 2Sample 3

Related to Qualified Research Expenditures

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Qualified rehabilitation expenditures means capital

  • Qualified expenditures means capital expenditures that qualify, or would qualify except that the taxpayer entered into an agreement under subsection (13), for a rehabilitation credit under section 47(a)(2) of the internal revenue code if the taxpayer is eligible for the credit under section 47(a)(2) of the internal revenue code or, if the taxpayer is not eligible for the credit under section 47(a)(2) of the internal revenue code, the qualified expenditures that would qualify under section 47(a)(2) of the internal revenue code except that the expenditures are made to an historic resource that is not eligible for the credit under section 47(a)(2) of the internal revenue code that were paid. Qualified expenditures do not include capital expenditures for nonhistoric additions to an historic resource except an addition that is required by state or federal regulations that relate to historic preservation, safety, or accessibility.

  • Capital Expenditure means expenditure on: