A Proposal to Modify the Research Tax Credit And Hr 4138 to Provide That Fed
A Proposal to Modify the Research Tax Credit And Hr 4138 to Provide That Fed
United States Congress House Committee On Ways
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Thank you. The last panel restricts itself to the question of research credit deductibility. And we have another old friend, counsel to the Joint Tax Committee, Harry Gutman, former counsel, of course. He rep- resents the Generic Pharmaceutical Industry Association, the Na- tional Association of Pharmaceutical Manufacturers and the Na- tional Pharmaceutical Alliance. With him is Kenneth Sawyer, CEO of Par Pharmaceuticals in Spring Valley, N. Y. ; and Diana Sloane, the vice president of regulato...ry affairs of Par Pharmaceuticals. Chairman Rangel. Mr. Gutman, we welcome you to the commit- tee. You have heard the testimony of the administration. You have heard the questions of Mr. Payne. We have your testimony. It would be entered into the record by unanimous consent. And you can present your views in any manner you feel comfortable. And we welcome your associates here to our subcommittee. 20 STATEMENT OF HARRY L. GUTMAN, COUNSEL, ON BEHALF OF GENERIC PHARMACEUTICAL INDUSTRY ASSOCIATION, NATIONAL ASSOCIATION OF PHARMACEUTICAL MANUFAC- TURERS, AND NATIONAL PHARMACEUTICAL ALLIANCE; ACCOMPANIED BY KENNETH I.
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