Vermont

State Credit Name: Vermont R&D Tax Credit

Expiration Date: Indefinite

Who Can Apply? Corporations and flow-through entities that have QRE’s incurred in Vermont

Credit Carry Forward: Unused credits can be carried forward 10 years.

About the Credit: The credit is equal to 27% of the federal credit for expenditures made in Vermont. 

Notes: Applicable Vermont code section is 32 V.S.A. Section 5930ii

Click here to find out if you qualify for the federal research credit.

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