Kansas R&D Tax Credit Summary

R&D Tax Credit Available

Yes

STATE

Kansas

NAME

Credit Against Tax for Certain Research and Development Activity Expenditures

DOES IT APPLY TO C-CORPS & PASS THROUGHS?

C Corps only

DESCRIPTION

Nonrefundable credit with similar definition to federal for Qualified Research Expenses and Qualified Research Activities, except only include Kansas-based expenses.

PERCENTAGE

6.5% on incremental expenses over base amount. Base amount is equal to average of current plus two prior years.