California Franchise Tax Board holds Interested Parties Meeting on the California Research Credit

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On October 11, 2012, the Franchise Tax Board ("FTB") held its Interested Parties Meeting ("IPM") to hear comments regarding the California Research Credit. Mr. Kendall Fox, Partner with PwC, who serves as the Firm's National R&D Expert, submitted written comments to the FTB and was invited to summarize his comments at the IPM. Taxpayers have until November 1, 2012, to submit any additional written comments.



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