INCENTIVE DESCRIPTION

State:	PA
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	R&D Credits
Description:	RESEARCH AND DEVELOPMENT CREDIT - Nonrefundable tax credit available to companies to increase investment in R&D activities. May be carried forward up to 15 consecutive years.
Eligibility Requirements:	A business qualifying for the federal R&D credit may apply for the state credit. 10% tax credit against the business's research and development expenses.
Geographic Restrictions:	Statewide
Granting Authority:	Pennsylvania 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.