 |
INCENTIVE DESCRIPTION
| State: | CO |
| Incentive Type: | Income/Franchise Tax Incentives and Credits |
| Incentive Title: | R&D Credits |
| Description: | RESEARCH AND DEVELOPMENT INCOME TAX CREDIT FOR ENTERPRISE ZONES: Taxpayers who make expenditures on research and experimental activities in an enterprise zone qualify for a 3% income tax credit. The credit is applied on the increase of expenditures over the previous two years. No more than 1/4 of the calculated credit may be taken in any one tax year. |
| Eligibility Requirements: | Must be located in an enterprise zone with qualifying R&D expenses. Qualified research must be technological, be a new or improved product or component used in the business, and must use the process of experimentation. |
| Geographic Restrictions: | Enterprise Zones Statewide |
| Granting Authority: | State of Colorado |
| 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. |
|
|
 |