Media Mentions
2006
Philip McCarty was quoted in the June 15 issue of Technology News about how experts say the combination of a recent law with a new interpretation of U.S. tax code pertaining to inter-company payments may have a significant impact on technology companies by cutting off their ability to use the research and development tax credit. Mr. McCarty said the issue could have a big impact on tech companies. "The effect of it will be for a lot of companies that pay back dividends in 2005 to reduce or eliminate the credit for the next four years," he said. "The IRS is wrong on the issue and ignoring the statute."
