Biotech Co. Inflated R&D Claim By $1.2M, 4th Circ. Told

By Anna Scott Farrell · October 17, 2023, 5:14 PM EDT

A biotechnology company that claimed tax credits for increasing its scientific research improperly excluded $26.6 million in clinical testing expenses from its baseline calculation, juicing its claim by $1.2 million, the...

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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