INCENTIVE DESCRIPTION

State: MA
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: R&D Credits
Description: R&D Tax Credit: (A) 10% income tax credit for qualified expenses. (B) 15% credit for costs related to donations and contributions made to research orgaizations such as hospitals and universities.
Eligibility Requirements: Available to any foreign or domestic corporation subject to MA corporate franchise tax. Qualified R&D expenses are any which would qualify for the federal R&D tax credit.
Geographic Restrictions: Statewide
Granting Authority: MA Office of Business 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.