Delaware R&D Tax Credit Summary
R&D Tax Credit Available
Delaware Research and Development Tax Credit
DOES IT APPLY TO C-CORPS & PASS THROUGHS?
Nonrefundable credit with similar definition to federal for Qualified Research Expenses and Qualified Research Activities, except only include Delaware-based expenses. Two calculation methods
10% on incremental expenses over the base amount similar to the federal regular method.
50% on federal R&D credit apportioned to Delaware for smaller taxpayers.