KPMG report: R&E changes from TCJA effective for tax years beginning after December 31, 2021

TCJA includes certain research and experimentation (R&E) measures that have a delayed effective date

Effective for tax years beginning after December 31, 2021

The “Tax Cuts and Jobs Act” (TCJA)—signed into law on December 22, 2017—includes certain research and experimentation (R&E) measures that have a delayed effective date. The measures are scheduled to take effect for tax years beginning after December 31, 2021.

Read a December 2021 report [PDF 257 KB] prepared by KPMG LLP
 

A version of this KPMG report was published in Bloomberg Tax Management Memorandum on January 24, 2022. Read: TCJA Changes to R&E Related Code Sections Kick In* [PDF 65 KB]

*Reprinted with permission of the publisher.

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