Texas Gov. Greg Abbott signed Senate Bill 2206 in June 2025, which amended the state’s R&D tax credit incentive starting on Jan. 1, 2026. The new legislation repealed the prior Sales and Use Tax Exemption for R&D equipment and replaced it with an enhanced tax credit. The new bill aligned Texas R&D rules with the federal research and development tax credit and notably increased the credit rate from 5% to 8.722%. The […]
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