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BTLG Table of Contents > Sales and Use Tax Annotations > U > 570.0000 Use of Property in State and Use Tax Generally > Annotation 570.0335

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U

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570.0000 Use of Property in State and Use Tax Generally

Annotation 570.0335

(a) In General

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570.0335 Research and Development Credit on Federal Income Tax Return A taxpayer's taking of a research and development credit on a federal income tax return will not, by itself, constitute a "use" under section 6009. A research and development credit is unlike a depreciation deduction or investment tax credit involving tangible personal property which does require a "use" of tangible personal property in order for the taxpayer to take the income tax deduction or investment credit. 10/6/97. (M99–1).