semiconductor / news / / Bloomberg Tax News
A bipartisan group of tax writers introduced a bill Wednesday to explicitly make space-based semiconductor manufacturing eligible for an investment credit.
A new bipartisan bill seeks to make space-based semiconductor facilities eligible for investment tax credits.
KEY POINTS
- The bill responds to China's advancements in space-based semiconductor development aboard the Tiangong Space Station.
- US lawmakers believe manufacturing semiconductors in low-Earth orbit is vital for advanced technologies.
- Reps. Buchanan, Sewell, and DelBene collaborated on this targeted semiconductor-focused legislation.
COMPANIES
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