independent research and development expenses

(5)For purposes of paragraph (4), the term “independent research and development expenses” means any expenses incurred in the performance of research or development, except that such term shall not include— (A)any expenses which are directly attributable to a long-term contract in existence when such expenses are incurred, or (B)any expenses under an agreement to perform research or development.


26 USC § 460(c)(5)

Scoping language

For purposes of paragraph
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