INCENTIVE DESCRIPTION

State:	MA
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Other Tax Credits
Description:	Harbor Maintenance Tax Credit: Corporations may claim a dollar-for-dollar state tax credit equal to the amount of qualifying harbor maintenance tax it pays to the federal government for port use at one of three state ports.
Eligibility Requirements:	May only be taken in the year tax was paid, tax must be paid with respect to 'break bulk' or containerized cargo, and tax must be paid with respect to shipment by sea and ocean-going vessels.
Geographic Restrictions:	Ports of Boston, Gloucester and Fall River
Granting Authority:	Department of Revenue

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.