4th Circ. Affirms Nix Of $1.2M R&D Credit For Biotech Co.

By Anna Scott Farrell · June 24, 2024, 3:46 PM EDT

A biotechnology company that claimed tax credits for increasing its scientific research was correctly denied about $1.2 million of its request, the Fourth Circuit ruled Monday in upholding a U.S. Tax...

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Case Information

Case Title

United Therapeutics Corporation v. Commissioner of Internal Revenue

Case Number

23-1718

Court

Appellate - 4th Circuit

Nature of Suit

U.S. Tax Court 

Date Filed

July 07, 2023