FOR IMMEDIATE RELEASE
CONTACT: April Ward, 703.907.7704, firstname.lastname@example.org
TIA Supports Permanent R&D Tax Credit in Omnibus Package
Arlington, Va. – (December 16, 2015) The Telecommunications Industry Association (TIA), the leading association representing the manufacturers and suppliers of high-tech communications networks, today urged lawmakers to pass the tax legislation and spending bill, which include the Protecting Americans from Tax Hikes (PATH) Act to make the research and development (R&D) tax credit permanent.
TIA CEO Scott Belcher issued the following statement:
“TIA has long-fought for a permanent R&D tax credit to facilitate greater investment in leading-edge communications research. We are pleased that Congressional leaders has finally taken action on our long-standing priority. The result will be increased certainty for businesses that will lead to economic growth, more jobs here at home and further innovation to the benefit all Americans. We urge lawmakers to pass this legislation to make the R&D tax credit permanent.”
The Telecommunications Industry Association (TIA) represents manufacturers and suppliers of global communications networks through standards development, policy and advocacy, business opportunities, market intelligence, and events and networking. TIA enhances the business environment for broadband, mobile wireless, information technology, networks, cable, satellite and unified communications. Members' products and services empower communications in every industry and market, including healthcare, education, security, public safety, transportation, government, the military, the environment, and entertainment. Visit tiaonline.org for more details.
TIA is accredited by the American National Standards Institute (ANSI), and is a proud sponsor of ANSI’s Standards Boost Business campaign. Visit www.standardsboostbusiness.org for details.