1. Qualified Research Expense Tax Credit Program
  2. Additional Qualified Research Expenses
  3. Qualified Research Expenses (QREs)
  4. Missouri Department of Economic Development (DED)
  5. Missouri Department of Revenue (DOR)
  6. Public or Private College or University in Missouri
  7. Annual Program Cap ($10 million)
  8. Reserved Cap ($5 million)
  9. Maximum Credit Per Taxpayer ($300,000)
  10. Corporate Income Tax (Chapter 143)
  11. Financial Institutions Tax (Chapter 148)
  12. Unrelated Business Taxable Income (UBTI)
  13. Minority Business Enterprise
  14. Women’s Business Enterprise
  15. Small Business
  16. Taxable Year
  17. Tax Credit Authorization
  18. Credit Carry Forward
  19. Maximum Carry Forward Period (12 years)
  20. Nonrefundable Credit
  21. Tax Credit Transfer, Sale, or Assignment
  22. Notarized Endorsement
  23. Pro-Rata Allocation
  24. New Business (less than five years old)
  25. Internal Revenue Code (IRC) Section 41
  26. Internal Revenue Code (IRC) Section 174
  27. Qualified Services
  28. Wages for Qualified Services
  29. Supplies Used in Research
  30. Contract Research Expenses (65%)
  31. In-House Research Expenses (100%)
  32. Qualified Research
  33. Four-Part Test
  34. Technological in Nature
  35. Permitted Purpose
  36. Elimination of Uncertainty Test
  37. Process of Experimentation Test
  38. Average Qualified Research Expenses (Base)
  39. Three Immediately Preceding Tax Years
  40. Maximum Percentage of Average QREs (200%)
  41. House Bill 2400 (H.B. 2400)
  42. Missouri Revised Statutes (RSMo) $\S 620.1039$
  43. Sales and Use Tax Exemption for R&D Equipment
  44. Missouri-Qualified Research and Development Equipment
  45. Annual Application Window (August 1 to September 30)
  46. Missouri Tax Clearance Certificate
  47. Certificate of SOS Good Standing
  48. Flow-Through Tax Treatment
  49. Partnership, S-Corporation, LLC
  50. Tax Credit Accountability Act Reporting Form