INCENTIVE DESCRIPTION

State:	CA
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	R&D Credits
Description:	THE RESEARCH TAX CREDIT allows companies to receive a credit of 12% for qualifying research expenses and 24% for basic research payments.
Eligibility Requirements:	To qualify, research must be conducted within California and must not include research for the purpose of improving a commercial product for style, taste, cosmetic, or seasonal design factors.
Geographic Restrictions:	Statewide
Granting Authority:	California Dept. of Housing & Community Development

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.