[Code of Federal Regulations]
[Title 26, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.41-1]

[Page 113-114]
 
                       TITLE 26--INTERNAL REVENUE
 
     CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY
 
PART 1--INCOME TAXES--Table of Contents
 
Sec. 1.41-1  Credit for increasing research activities.

    (a) Amount of credit. The amount of a taxpayer's credit is 
determined under section 41(a). For taxable years beginning after June 
30, 1996, and at the election of the taxpayer, the portion of the credit 
determined under section 41(a)(1) may be calculated using the 
alternative incremental credit set forth in section 41(c)(4).
    (b) Introduction to regulations under section 41. (1) Sections 1.41-
2 through 1.41-8 and 1.41-3A through 1.41-5A address only certain 
provisions of section 41. The following table identifies the provisions 
of section 41 that are addressed, and lists each provision with the 
section of the regulations in which it is covered.

------------------------------------------------------------------------
                                               Section of the Internal
         Section of the regulation                  Revenue Code
------------------------------------------------------------------------
Sec.  1.41-2..............................  41(b).
Sec.  1.41-3..............................  41(c).
Sec.  1.41-4..............................  41(d).
Sec.  1.41-5..............................  41(e).
Sec.  1.41-6..............................  41(f).
Sec.  1.41-7..............................  41(f).
                                            41(g).
Sec.  1.41-8..............................  41(c).
Sec.  1.41-3A.............................  41(c) (taxable years
                                             beginning before January 1,
                                             1990).
Sec.  1.41-4A.............................  41(d) (taxable years
                                             beginning before January 1,
                                             1986).
Sec.  1.41-5A.............................  41(e) (taxable years
                                             beginning before January 1,
                                             1987).
------------------------------------------------------------------------

    (2) Section 1.41-3A 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 41. Section 41 was 
formerly designated as sections 30 and 44F. Sections 1.41-0 through 
1.41-8 and 1.41-0A through 1.41-5A refer to these sections as section 41 
for conformity purposes. Whether section 41,

[[Page 114]]

former section 30, or former section 44F applies to a particular 
expenditure depends upon when the expenditure was paid or incurred.

[T.D. 8930, 65 FR 288, Jan. 3, 2001]