State R&D Tax Credits
State R&D Tax Credits
Vermont
Credit Name: R&D Tax Credit
Expiration Date: 12/31/2011
Does it apply to C corps and pass-through entities?: Yes
Credit Carry forward: Credits generated before tax year 2008 carry forward 14 years. Credits generated after tax year 2008 cannot be carried forward.
Description: Vermont credit is equal to 30% of the federal credit for expenditures made in Vermont.
