INCENTIVE DESCRIPTION

State: MS
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: R&D Credits
Description: RESEARCH & DEVELOPMENT SKILLS CREDIT An income tax credit of $1000 is available for each new full time employee in any job requiring research and development skills for 5 years. The credit is limited to 50% of the income tax liability.
Eligibility Requirements: The employee must be a full-time employee engaged in research and development activity. The employee must work one year to receive the full credit. Must be a qualified business.
Geographic Restrictions: Statewide
Granting Authority: State Tax Commission


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.