Thursday, November 2nd, 2023 – The Travel Technology Association announced its support for extending competitive tax policies vital to workers and America’s economic future, including immediate R&D expensing, a pro-growth interest deductibility standard, and full expensing.
In a letter to Congress led by the R&D Coalition, Travel Tech urged members of Congress to work together to pass these tax policies that are critically important for the travel technology industry. Allowing for immediate R&D expensing will secure the U.S. as a global leader in innovation, incentivize job-creating investments, and reinforce America’s competitiveness on the world stage.
Read the letter to Congress.
