Did you know that you can receive $250K in credits for operating in NYC?
For the tax year ending December 31, qualified biotechnology companies that meet eligibility requirements may claim a tax credit against the New York City general corporation tax, business corporation tax, or unincorporated business tax for amounts paid or incurred for certain facilities, operations, and employee training in 2015. Eligible firms can receive up to $250,000 per year.
To learn more, please view the FAQs.
In order to be considered, the Biotechnology Tax Credit application must be submitted on or before January 15, 2016.
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