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Statement for Technology CEO Council Chairman D. Mark Durcan on the Permanent R&D Tax Credit

Published Monday, December 21, 2015


Attributable to Micron CEO D. Mark Durcan, chair of the Technology CEO Council

“We applaud the permanent extension of the R&D tax credits included in the year-end spending bill. The United States pioneered the idea of incentives for businesses to invest in research and development, a significant driver of innovation and job creation. However, over the past two decades, other nations have increasingly offered competing incentives that are both more generous and permanent. Making these credits permanent will provide the certainty that U.S. tech companies need in order to compete in the global market and make the game-changing investments that drive economic growth in America.”