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Complete Guide to the R&D Tax Credit for Biotech Companies

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"Complete Guide to the R&D Tax Credit for Biotech Companies"

If your biotech company conducts R&D activities in the United States, you may be eligible for should the federal R&D tax credit.

In addition to the federal R&D tax credit, many states also offer their own R&D tax credits. These credits can be used to offset state income tax liability, or they can be used to reduce the amount of state sales tax that a company owes.

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