Investment Tax Credit

21 Jan Investment Tax Credit

Posted at 21:33h in Massachusetts, Northeast, State, Tax Incentive by
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Program Name: Investment Tax Credit

Resource Type: State

State: Massachusetts, Northeast

Agency: Program Source: Tax Incentive

Description: The Massachusetts Investment Tax Credit (ITC) offers a three-percent credit for qualifying businesses against their Massachusetts corporate excise tax. The credit is to be used for the purchase and lease of qualified tangible property used in the course of doing business.

Website: http://www.mass.gov/hed/business/incentives/investment-tax-credit.html