Question: The change in U . S . tax code requiring companies to capitalize R&E is expected to have what effect on taxable income and corresponding

The change in U.S. tax code requiring companies to capitalize R&E is expected to have what effect on taxable income and corresponding tax liability? Increased taxable income and corresponding tax liability, have uncertain impact on taxable income and corresponding tax liability, have no impact on taxable income and corresponding tax liability, decrease taxable income and corresponding tax liability.

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