Form 6765 - Credit for Increasing Research Activities
he research credit is generally allowed for expenditures paid or incurred for qualified research. This research must be undertaken for discovering information
that is technological in nature, and its application must be intended for use in developing a new or improved business component of the taxpayer. In addition,
substantially all of the activities of the research must be elements of a process of experimentation relating to a new or improved function, performance,
reliability, or quality.