JUN 17, 2025 | US
BSA Supports R&D Tax Credit
Business Software Alliance Senior Director, Legislative Strategy Bruce Miller issued the following statement on the Senate Finance Committee's proposal on an R&D tax credit:
"The Business Software Alliance (BSA) welcomes the Senate Finance Committee’s proposal to restore and make permanent the R&D tax credit and allow full and immediate expensing of R&D costs. This provision helps to enable the enterprise software industry’s investments into artificial intelligence and breakthrough technologies like quantum computing. Information and software R&D account for a quarter of total US R&D spending, and realizing the goal of American technological leadership requires sustained R&D and keeping the United States the top destination for innovation investment."
ABOUT BSA
The Business Software Alliance (www.bsa.org) is the global trade association of the enterprise software industry, representing companies that are leaders in artificial intelligence, cybersecurity, cloud computing, quantum, and other breakthrough technologies. We work in over 20 markets in the US, Europe, and Asia, advocating for policies that build trust in technology so that every industry sector and the public can benefit from innovation.