A federal agency that issued many corporate subsidy cheques during the COVID-19 pandemic saw staff complaining of overwork while facing “significant pressure” due to the influx of demand for the emergency funds, an internal audit report says. The report was prepared by the Office of Audit and Evaluation (OAE) at National Research Council Canada (NRC)…
Staff Who Processed Pandemic Emergency Benefits for Businesses Struggled Due to High Demand: Federal Report
Labor Plans for Innovation to Create Future Jobs
The Australian Labor Party (ALP) is putting the commercialisation of science and research at the centre of the political party’s future job-making policy, which it intends to take to the next election. Announcing the policy platform in an address to the National Press Club on Wednesday, Deputy Labor leader Richard Marles said Australia’s manufacturing sector’s viability…
Why Full Expensing of R&D Should Remain in the Tax Code
March 3, 2021
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asset depreciationbusiness investmentfederal revenuefull expensingOpinionresearch and developmentTax benefitstax codeTax Cuts and Jobs ActTax DeductiontaxesViewpoints
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Commentary Ask a thousand random people what the 2017 tax reform law did, and probably none of them would tell you about full expensing of business investments—instead, they’d likely cite individual or corporate income tax reductions. And yet, the ability to immediately deduct investment expenses was one of the most important, pro-growth provisions in the…
Trump Signs Memo to Secure Government-Backed Research and Development Against Foreign Interference
January 15, 2021
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Donald TrumpNational SecurityPoliticsresearch and developmentsecurity strategyTechTrump AdministrationUSUS News
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President Donald Trump on Thursday signed a presidential memorandum that seeks to secure U.S. government-supported research and development (R&D) against interference and exploitation by foreign powers. Trump’s action seeks to enhance protections for United States R&D efforts, given their open and collaborative nature, and in light of their importance to national security and in keeping the…
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