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.
Contact your local Swanson Reed office to speak with a representative in your area today.