INCENTIVE DESCRIPTION

State:	KS
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	R&D Credits
Description:	RESEARCH AND DEVELOPMENT CREDIT A credit of 6.5% of qualified research and development expenses can be taken against income tax liability. The credit is limited in any one tax year to 25% of the credit plus any carryforward. Unused credits may be carriedforward in 25% increments until the credit is fully utilized.
Eligibility Requirements:	Must have qualifying research and development expenditures defined under IRS guidelines. Must file all required applications.
Geographic Restrictions:	Statewide
Granting Authority:	State of Kansas

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.