Reg. § 1.41-1 Credit for increasing research activities.
(a) Amount of credit The amount of a taxpayer's credit is determined under section . For taxable years beginning after June 30, 1996, and at the election of the taxpayer, the portion of the credit determined under section may be calculated using the alternative incremental credit set forth in section . For taxable years ending after December 31, 2006, and at the election of the taxpayer, the portion of the credit determined under section may be calculated using either the alternative incremental credit set forth in section , or the alternative simplified credit set forth in section .
(b) Introduction to regulations under section 41
(1) Sections through 1.41-8 and 1.41-3A through 1.41-5A address only certain provisions of section . The following table identifies the provisions of section that are addressed, and lists each provision with the section of the regulations in which it is covered.
| Section of the regulation | Section of the Internal Revenue Code |
|---|---|
| § 1.41-2 | 41(b). |
| § 1.41-3 | 41(c). |
| § 1.41-4 | 41(d). |
| § 1.41-5 | 41(e). |
| § 1.41-6 | 41(f). |
| § 1.41-7 | 41(f).41(g). |
| § 1.41-8 | 41(c). |
| § 1.41-3A | 41(c) (taxable years beginning before January 1, 1990). |
| § 1.41-4A | 41(d) (taxable years beginning before January 1, 1986). |
| § 1.41-5A | 41(e) (taxable years beginning before January 1, 1987). |
(2) Section also addresses the special rule in section 221(d)(2) of the Economic Recovery Tax Act of 1981 relating to taxable years overlapping the effective dates of section . Section was formerly designated as sections and . Sections through 1.41-8 and 1.41-0A through 1.41-5A refer to these sections as section for conformity purposes. Whether section , former section , or former section applies to a particular expenditure depends upon when the expenditure was paid or incurred.
[T.D. 8930, 65 FR 288, Jan. 3, 2001, as amended by T.D. 9401, 73 FR 34187, June 17, 2008]