North Dakota R&D Tax Credit Summary
R&D Tax Credit Available
Research Expense Credit
DOES IT APPLY TO C-CORPS & PASS THROUGHS?
Nonrefundable credit with similar definitions as federal for Qualified Research Expenses and Qualified Research Activities except only include North Dakota-based expenses.
Up to 25% for regular method or up to 17.5% for ASC method, dependent on when research began in North Dakota.