Tax insight

Update on state research credit developments

  • Insight
  • 5 minute read
  • June 27, 2025

What happened?

Several states recently have taken steps to advance utilization of the research and development (R&D) credit at the state level. 

Why is it relevant?

These tax law changes may have a significant impact on certain taxpayers and industries looking to claim the R&D credit in these states.

Actions to consider

Taxpayers should review the impact of these R&D credit developments on their operations.

Update on state research credit developments

(PDF of 171.74KB)

Contact us

Ed Geils

Ed Geils

US Tax Knowledge Management Leader, PwC US

Follow us