Guidance Document Information
Title |
Updated Research and Development Expenses Tax Credit Guidelines |
Document ID |
Corporate/Individual |
Summary |
During the 2020 Session, the General Assembly enacted House Bill 748 (2020 Acts of Assembly, Chapter 469) and Senate Bill 110 (2020 Acts of Assembly, Chapter 470), which increase the annual credit cap, change the deadline for submitting credit applications, and extend the sunset date for the Research and Development Expenses Tax Credit. These guidelines are published by the Department of Taxation to provide updated guidance regarding the Research and Development Expenses Tax Credit for taxable years beginning on or after January 1, 2020. |
Effective Date |
7/7/2020 |
View document text
Posted On 11/16/2021
Document on Town Hall
|
Explanation or Citations |
See 2020 House Bill 748 and 2020 Senate Bill 110. |
This document applies to all boards for this agency
Back to showing guidance documents for this agency