How the R&D Tax Credit can revolutionize the oil and gas industry

How the R&D Tax Credit can revolutionize the oil and gas industry

 

The federal and many state governments seek to assist oil and gas companies in stimulating innovation through the Research and Development Tax Credit. Oil and Gas companies are eligible for this lucrative incentive, currently valued at almost 10 billion dollars, for work activities that are often already being performed. http://www.ogfj.com/articles/2012/12/digging-deep-how-the-rd-tax-credit-can-revolutionize-the-oil-and-gas-industry.html?cmpid=EnlOGFJDecember112012.html