Bulletin No. 2002–4 January 28, 2002

REG–112991–01, page 404. Proposed regulations modify the following provisions of T.D. 8930: (1) that qualified research be undertaken for the purpose of discovering information that is technological in nature; (2) the process of experimentation; (3) the type of computer software constituting internal use software; (4) the first part of the three-part high threshold of innovation test for internal-use software to be excepted from the exclusion from qualified research; and (5) the documentation required to substantiate the research credit. A public hearing is scheduled for March 27, 2002.