INCENTIVE DESCRIPTION

State: ID
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: R&D Credits
Description: RESEARCH AND DEVELOPMENT CREDIT A credit is available against income tax liability. The credit is the sum of 5% of excess qualified research expenses and 5% of basic research payments. This credit may be transfered to a member of the same corporation filing a combined report. The credit may be carried forward for 14 years.
Eligibility Requirements: Must have qualified research activities. Must meet definition of qualified expenses and research payments under IRS code section 41.
Geographic Restrictions: Statewide
Granting Authority: State of Idaho


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.