The packaging industry is involved in almost every aspect of products manufactured throughout the world. Package designers seek ways to advance the quality, functionality and safety of their products all within compliance of regulations and guidelines.
Over the years, there have been significant updates and breakthroughs in the packaging industry to make package designs more desirable for customers, as well as more environmentally friendly. The federal R&D tax credit allows companies that perform technological research (which is broadly defined) to receive tax breaks on certain costs associated with research.
If you want to know the R&D qualifying activities for packaging sector, download the white paper