200 New Hampshire businesses to split $7 million in 2017 R and D tax credits

Not too many more businesses applied for New Hampshire’s research and development tax credit this year than last, and they didn’t ask for that much more, but they sure are getting more – about three times as much.

Thanks to the state’s lifting of the R&D credit cap from $2 million to $7 million, some 200 businesses will share $7 million, or 92.4 percent of the total $7.6 million that they asked for. Compare that to 2016, when 193 businesses applied for $7.4 million in credits and got back $2 million, or 27.14 percent. | More…

| NHBR

About Steve Mac Donald

Husband, Dad, Dog Lover, Blogger, (sometimes) Radio Co-Host, Free Speech Facilitator, Climate Denier, Gun Owner, info-junkie, ...
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