FOR IMMEDIATE RELEASE
CONTACT: Farrah Kim, +1.202.568.8986, FarrahKim@Rational360.com
TIA Urges Permanent R&D Credit to Promote Greater Investment and Innovation
Arlington, Va. (Nov. 12, 2014) – The Telecommunications Industry Association (TIA), the leading association representing the manufacturers and suppliers of high-tech communications networks, sent a letter to the Senate Committee on Finance and House Committee on Ways and Means urging a permanent extension of the R&D credit.
The letter notes that a permanent R&D credit is expected to create $33 billion per year in additional research and development spending, and making the credit permanent is necessary to promote certainty for businesses.
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.