Payments made directly or indirectly by a utility corporation to a non-profit research and development organization formed to develop a model that will benefit the utility field are deductible as research and experimental expenditures. Rev. Rul. 73-20 ********** 1 Also …
Rev. Rul. 73-324, 1973-2 C.B. 72
Synthetic gas research and experimental costs . A natural gas company’s payments to an industry association of which it is a member to help fund, under an agreement with the Department of Interior, an organization to develop a coal gasification …
Rev. Rul. 73-395, 1973-2 C.B. 87
Textbooks and visual aids; development and publication costs . Costs incurred by an accrual basis taxpayer in writing, editing, design and art work directly attributable to the development of textbooks and visual aids are capital expenditures under section 263 of …
Rev. Rul. 73-275, 1973-1 C.B. 134
Development costs; specially-built manufacturing systems. The taxpayer’s costs to develop and design a specially-built automated manufacturing system for a customer’s specific order at the taxpayer’s risk are deductible as research and experimental expenditures, even though each product design results in …