Comment from Information Technology Industry Council

Summary: The Information Technology Industry Council (ITI), representing 80 high-tech companies, requests that the IRS and Treasury include several specific projects on the 2026-2027 Priority Guidance Plan. They advocate for simplifying R&D tax credit compliance, harmonizing Corporate Alternative Minimum Tax (CAMT) with R&D incentives, and withdrawing certain regulations under Sections 78, 245A, and 385 that they argue are burdensome or contravene statutory intent.