Event Brief
IRS Grants Tech, Pharma a Tax Break Boost
Filed: Feb 18, 2026 at 8:05 PM ET
Summary: IRS allows corporations to claim R&D deductions, avoiding Biden's tax increase.
WHO: Internal Revenue Service
WHAT: Tax break for large corporations
WHEN: Feb 18, 2026 at 7:37 PM ET
WHERE: USA
WHY: To prevent tax bills from increasing under Biden's minimum levy
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