President Grant Sieffert of TIA is pleased that an R&D tax-credit extension -- which he called ncritical for competiveness, innovation and job creation -- is included in the tax package nnegotiated by the president and Senate Republicans. CTIA appreciates that the proposal nincludes several measures -– extensions of bonus depreciation, the rate on dividend taxation nand the R&D tax credit -- important to wireless, President Steve Largent said. The proposal nwould benefit dividend-paying companies, many of which provide predictable income that nattracts investments from retirement plans and pension funds, said USTelecom spokeswoman nAnne Veigle. Overall, the proposal would help encourage broadband investment through nprovisions for accelerated depreciation, expensing of capital expenditures, extension of the nR&D tax credit and continuation of the preferential treatment of dividends, she said.
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