Unlocking Innovation: How the Research Tax Credit in Oregon Supports Business Growth
Oregon has long been a hub of innovation—whether it’s in clean tech, software, advanced manufacturing, or the rapidly growing semiconductor and bioscience... moreUnlocking Innovation: How the Research Tax Credit in Oregon Supports Business Growth
Oregon has long been a hub of innovation—whether it’s in clean tech, software, advanced manufacturing, or the rapidly growing semiconductor and bioscience industries. But many Oregon companies that invest in research and development (R&D) aren’t fully leveraging one of the most impactful financial tools available: the research tax credit Oregon offers through the federal government—and, when active, through temporary state programs.
If your company is developing new products, processes, or technologies, you may qualify for significant tax incentives. This guide breaks down how businesses in Oregon can benefit from the R&D tax credit and why working with a specialized advisor can make all the difference.
What Is the Research Tax Credit?
The R&D Tax Credit—officially known as the Credit for Increasing Research Activities—is a federal tax incentive that rewards businesses for investing in innovation. I less
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