Many manufacturers don’t believe they do “R&D” because they don’t have a traditional R&D department. The IRS definition of R&D is quite different than yours or mine.
It often includes activities such as:
Manufacturing
Fabrication
Engineering
New Product & Process Development
Developing New Concepts or Technologies
Design – Layout, Schematics, AutoCAD
Prototyping or Modeling
Testing / Quality Assurance: ISA 900X, UL, Sigma Six, etc.
Integration of new machinery (CNC, SLA, SLE, etc.) into existing processing
Software Development or Improvement
Automating or Streamlining Internal Processes
Developing Tools, Molds, Dies
Developing or Applying for Patents
Just to name a few…….
Only the folks in Washington DC could take unilateral support and turn it into unilateral confusion.
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