New Hampshire R&D Tax Credit Summary
R&D Tax Credit Available
Research and Development Tax Credit
DOES IT APPLY TO C-CORPS & PASS THROUGHS?
Credits are available to business organizations that have expenditures made during the fiscal year and subject to Business Profits Tax.
Refundable credit with similar definition to federal, except only include New Hampshire-based wage expenses.
10% on qualified New Hampshire wage expenses, not to exceed 50,000.