What is the Adaptation Exclusion in the Vermont R&D Tax Credit? The adaptation of an existing business component exclusion is a statutory provision that disqualifies tax credit claims for [...]
Quick Answer: What is the Research After Commercial Production Exclusion? The Research After Commercial Production exclusion refers to the statutory disqualification of research expenses incurred [...]
Quick Answer: Vermont R&D Tax Credit for Engineering & Computer Science The Vermont Research and Development tax credit (32 V.S.A. § 5930ii) offers a nonrefundable credit equal to 27% [...]
Quick Summary: Vermont R&D Tax Credit Sciences The Vermont Research and Development Tax Credit (32 V.S.A. § 5930ii) incentivizes innovation by offering a credit equal to 27% of the federal [...]
What is a Business Component in Vermont R&D Tax Law? In Vermont, a business component is defined as any product, process, software, technique, formula, or invention intended for commercial [...]
Quick Summary: Vermont R&D Business Component Definition: A “Business Component” is any product, process, computer software, technique, formula, or invention held for sale, [...]
Quick Answer: What is the “Technological in Nature” Standard? The “technological in nature” requirement for the Vermont R&D Tax Credit dictates that a qualified [...]
What is the Elimination of Uncertainty for the Vermont R&D Tax Credit? Elimination of uncertainty is a fundamental requirement for the Vermont Research and Development Tax Credit (32 V.S.A. [...]
