North Dakota R&D Tax Credit Summary

R&D Tax Credit Available

Yes

STATE

North Dakota

NAME

Research Expense Credit

DOES IT APPLY TO C-CORPS & PASS THROUGHS?

Yes

DESCRIPTION

Nonrefundable credit with similar definitions as federal for Qualified Research Expenses and Qualified Research Activities except only include North Dakota-based expenses.

PERCENTAGE

Up to 25% for regular method or up to 17.5% for ASC method, dependent on when research began in North Dakota.