a) For tax years ending after July 1, 1990 and prior to December 31, 2003, and beginning again for tax years ending on or after December 31, 2004, a taxpayer shall be allowed a credit against the tax imposed by IITA Section 201(a) and (b) for increasing research activities in this State (IITA 201(k)). b) [...]
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(k) Research and development credit. For tax years ending after July 1, 1990 and prior to December 31, 2003, and beginning again for tax years ending on or after December 31, 2004, a taxpayer shall be allowed a credit against the tax imposed by subsections (a) and (b) of this Section for increasing research activities [...]
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797 N.E.2d 596 (2003) 207 Ill.2d 82 278 Ill.Dec. 1 Jack CAVENEY et al., Appellees, v. Glen L. BOWER, Director of Revenue, et al., Appellants. No. 92963. Supreme Court of Illinois. May 8, 2003. Rehearing Denied September 29, 2003. James E. Ryan, Attorney General, Springfield (Joel D. Bertocchi, Solicitor General, A. Benjamin Goldgar, Assistant Attorney [...]
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